1. Where, by the terms of a written contract, executed April 3, 1950, between P and C, it is provided that P and C are to purchase the interest of C's partner in a certain business for $2700, which business is then to be incorporated and operated by P and C, that P is to pay $2500 and C is to pay $200 on the purchase price of the partner's interest, which interest is to vest in P, that, prior to the incorporation...
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