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HALLAR v. MILSTONE,

395 Pa. 389 (1959)

Hallar v. Milstone, Appellant.

Supreme Court of Pennsylvania.

April 20, 1959.

Attorney(s) appearing for the Case

Leon I. Mesirov, with him William D. Valente and Mesirov and Leonards, for appellants.

Henry W. Maxmin, with him Jacoby & Maxmin, for appellee.

Before JONES, C.J., MUSMANNO, JONES, COHEN and McBRIDE, JJ.

OPINION BY MR. JUSTICE COHEN, April 20, 1959:

On January 3, 1951, an agreement was entered into whereby Charles W. Hallar agreed to sell the outstanding capital stock of a corporation, holding an automobile and truck franchise, to the appellants, Milstone and Rosenfeld.

The agreement stated that the price of the stock was to be $115,000 and further provided as follows:

"2. The purchase price of One Hundred...

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