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LAWRENCE SAVINGS & TRUST CO. v. BLACK

No. 20 of 1972.

58 Pa. D. & C. 2d 115 (1972)

Lawrence Savings & Trust Co. v. Black

Common Pleas Court of Lawrence County, Pennsylvania.

July 27, 1972.

Attorney(s) appearing for the Case

Robert E. Jamison, for executor.

Sherman K. Levine, for defendant.

OPINION

LYON, J., July 27, 1972.

This is a declaratory judgment proceeding which concerns the construction of a stock retirement agreement, dated January 7, 1963, between Hables, Inc., a closely held Pennsylvania business corporation, and the stockholders, Louis T. Leddy and Fred W. Black. Because of ill health, Leddy could not actively participate in the business affairs of the corporation or sign tax...

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