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LEVEY v. SAPHIER

54 A.D.2d 959 (1976)

Charles H. Levey et al., Appellants, v. Peter Saphier, Respondent, et al., Defendant

Appellate Division of the Supreme Court of the State of New York, Second Department.

November 22, 1976

Order affirmed, with $50 costs and disbursements.

The agreement in controversy involves a sale, as part of an overall business settlement, of two blocks of stock of plaintiff Dynaport Electronics, Inc. The stock was sold by defendants to plaintiffs, as tenants in common, at the price of $16,000 for each block. The agreement grants defendants the option, for a period of 10 years, to repurchase from plaintiffs, at the same...

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