Judgment unanimously affirmed, with costs.
Memorandum:
Subsequent to the delivery of a promissory note in the amount of $100,000 by defendant Taber Instrument Corp. to plaintiff, pursuant to an agreement that the note "was to be converted into Class `A' and Class `B' stock of Taber Instrument Corporation, when it becomes available," defendants entered into a Plan of Reorganization Agreement under which by paragraph 4.1 defendant Teledyne, Inc. agreed that...
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