The plaintiff, a stockholder in the defendant Gem Cadillac-Oldsmobile, Inc., alleges that he and his father were two-thirds stockholders in a predecessor corporation; that the defendant Motler bought out the interest of the other one-third stockholder; and that, pursuant to an oral agreement entered into in June, 1970, it was agreed to transfer the assets of the predecessor to the defendant Gem. As part of this new arrangement and in exchange for various other considerations...
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