SOROKACH v. TRUSEWICH


35 N.J. Super. 86 (1955)

113 A.2d 194

ROSE SOROKACH, AS EXECUTRIX OF THE ESTATE OF ALEXANDER SOROKACH, DECEASED, PLAINTIFF-APPELLANT, v. WILLIAM TRUSEWICH, ET AL., CO-PARTNERS TRADING AS ARROW CLOTHING COMPANY AND AS ARROW COAT & SUIT CO., DEFENDANTS-RESPONDENTS.

Superior Court of New Jersey, Appellate Division.

Decided April 5, 1955.


Attorney(s) appearing for the Case

Mr. Leopold Frankel argued the cause for plaintiff-appellant (Messrs. Frankel & Frankel, attorneys).

Mr. James A. Major argued the cause for defendants-respondents (Mr. Henry L. Janowski, attorney).

Before Judges GOLDMANN, FREUND and CONFORD.


The opinion of the court was delivered by CONFORD, J.A.D.

The question before us is whether the Chancery Division correctly determined the "fair market value" of the operating machinery and equipment of a clothing manufacturing partnership, hereinafter designated as the "Arrow" company, as of October 1, 1950. The plaintiff's decedent, Alexander Sorokach, died that day one of six equal partners in the business and there ensued litigation over the settlement and evaluation...

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