AMERICAN BANK v. LIED ESTATE

No. 110 of 1974.

71 Pa. D. & C. 2d 308 (1975)

American Bank v. Lied Estate

Common Pleas Court of Lancaster County, Orphans' Court Division, Pennsylvania.

October 30, 1975.


Attorney(s) appearing for the Case

George J. Morgan and Lawrence J. Ruggiano, for petitioner.

Lawrence E. Stengel, for respondent.


APPEL, Adm. J., October 30, 1975.

Petitioner seeks a decree of specific performance of a stock purchase agreement which was executed by the two co-owners of the stock of a corporation and the corporation itself.

Ray E. Lied and Eugene R. Lied, father and son, respectively, had conducted a successful business operation for some years as a partnership. In October 1960, they organized a corporation, Ray E. Lied & Son, Inc., to which most of the assets...

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