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RABINOWITZ v. CONNECTICUT IMPORTING CO.

136 Conn. 468 (1950)

SOL RABINOWITZ ET AL. v. THE CONNECTICUT IMPORTING COMPANY

Supreme Court of Connecticut.

Decided February 28, 1950.

Attorney(s) appearing for the Case

Vincent P. Dooley and Robert J. Woodruff, for the appellants (plaintiffs).

Edward L. Reynolds, with whom, on the brief, was John J. Kinney, Jr., for the appellee (defendant).

MALTBIE, C. J., BROWN, JENNINGS, DICKENSON and BALDWIN, JS.

JENNINGS, J.

Morris Brochin and Sol Rabinowitz each owned or controlled 1000 shares of stock in the defendant corporation. This comprised its total capitalization. On July 26, 1944, the plaintiffs, Rabinowitz and his wife, agreed to sell their stock to the defendant. The agreement was in writing. It set the price at $25,000 plus the book value of the shares as of July 28, 1944, as determined by Reuben Pollowitz, C. P. A., under a formula set forth in the agreement...

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