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Binder v. Marcus

302 N.Y. 745 Court N.Y. Decision date 1951-04-12 English

Contents

Majority

p. 745
Robert Binder, Respondent, v. Samuel Marcus, Appellant.
Argued March 5, 1951;
decided April 12, 1951.
p. 747
Neilson Olcott and Norman Both for appellant.
Frank Aranow, Lawrence D. TJnger and Sylvia Weber for respondent.

Judgment affirmed, with costs; no opinion.

Concur: Loughran, Ch. J., Lewis, Conway, Desmond, Dye and Fuld, JJ.; Froessel, J., dissents upon the ground that paragraph sixth of the agreement between the parties specifically provides that the stock of the corporation shall be issued “ upon the consummation of this agreement ” and not merely upon payment of the purchase price.