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BISHOP v. VOSE'S ESTATE

No. 12723.

264 F.2d 244 (1959)

Ethel May BISHOP, Administratrix, C. T. A. of the Estate of Cory Bishop, Deceased, Appellant, v. ESTATE of C. R. VOSE, Deceased, Alfred M. Schaffer, et al., Executors, Respondents.

United States Court of Appeals Third Circuit.

Decided March 2, 1959.

Attorney(s) appearing for the Case

Croxton Williams, Charlotte Amalie, St. Thomas, V. I., for appellant.

William W. Bailey, Charlotte Amalie, St. Thomas, V. I., for respondent.

Before MAGRUDER, WOODBURY and HASTIE, Circuit Judges.

PER CURIAM.

Cory Bishop and C. R. Vose, owners of all of the stock of a corporation, were mutually bound by an agreement providing that in the event of the death of either of them "the survivor * * * shall have the right [for a limited time] to purchase from decedent's estate his stock. * * *" By its terms this agreement was to "operate for the benefit of the stockholders and their respective executors, [and] administrators. * * *" Bishop died first, and Vose died...

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