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NOLAN v. EASTERN COMPANY

241 A.2d 885 (1968)

Lester S. NOLAN, Plaintiff, v. The EASTERN COMPANY, a Connecticut Corporation, Harry A. Hershey, Arnold Goldsborough Co., a Delaware Corporation, Van Demark and Lynch, Inc., a Delaware Corporation, and the Mayor and Council of Wilmington, Defendants.

Court of Chancery of Delaware, New Castle.

April 17, 1968.

Attorney(s) appearing for the Case

Bruce M. Stargatt and Richard H. May, of Young, Conaway, Stargatt & Taylor, Wilmington, for plaintiff.

C. Edward Duffy and Murray M. Schwartz, of Longobardi & Schwartz, Wilmington, for defendants The Eastern Co. and Harry A. Hershey.

David A. Eastburn and Edmund J. Bodziak, Wilmington, for defendant Arnold Goldsborough Co.

Thomas J. Healy, Jr., Wilmington, for defendant Van Demark and Lynch, Inc.

Samuel H. Lewis, Asst. City Sol., for defendants The Mayor and Council of Wilmington.

MARVEL, Vice Chancellor:

On April 6, 1964, plaintiff and the defendant The Eastern Company, after negotiating several preliminary agreements, executed a conclusive contract providing for the sale to plaintiff by the defendant Eastern of three parcels1 of land owned by the latter on the east side of Wilmington, said parcels being roughly bounded by the main tracts of the Baltimore and Ohio Railroad...

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