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KASSIN v. ARC-MATION, INC

Docket No. 78-3031.

94 Mich. App. 520 (1979)

288 N.W.2d 413

KASSIN v. ARC-MATION, INC

Michigan Court of Appeals.

Decided December 10, 1979.

Attorney(s) appearing for the Case

Sommers, Schwartz, Silver & Schwartz, P.C. (by A. Albert Sugar and Richard D. Toth), for plaintiff.

Beier, Howlett, McConnell, Googasian & McCann (by Stephen J. Hopkins), for defendant.

Before: J.H. GILLIS, P.J., and V.J. BRENNAN and MacKENZIE, JJ.

PER CURIAM.

Defendant Oxford Precise Casting, Inc. (OPC) appeals by leave from the dismissal of its appeal to Oakland County Circuit Court from an order granting summary judgment on a $5,000 loan entered in Oakland County District Court.

On October 8, 1975, defendant OPC purchased a majority interest in Arc-Mation, Inc. Paragraph 4 of the contract to purchase reads as follows:

"Purchaser agrees that it...

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