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GRANT v. REILLY

Gen. No. 10,574.

346 Ill. App. 399 (1952)

105 N.E.2d 316

William H. Grant, Appellee, v. George L. Reilly and Dean Milani, Appellants.

Appellate Court of Illinois.

Released for publication April 18, 1952.

Attorney(s) appearing for the Case

KINNE & SCOVEL, of Chicago, for appellants; HAROLD F. SCOVEL, of Chicago, of counsel.

FRANK M. DALY, of Waukegan, for appellee; J.E. BAIRSTOW, of Waukegan, of counsel.

MR. PRESIDING JUSTICE DOVE delivered the opinion of the court.

William H. Grant, the owner of 374 shares of the capital stock of Bozarth Motor Sales, Inc., an Illinois corporation, entered into a written agreement with Dean Milani on December 22, 1950, in which he agreed to sell to Milani and Milani agreed to buy said stock for $95,000, of which sum $80,000 was to be paid upon the execution of the contract and the balance...

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