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IN RE ESTATE OF DOBSON

490 Pa. 476 (1980)

417 A.2d 138

In re ESTATE of Fay Earhart DOBSON, a/k/a Fay E. Dobson. Appeal of Mary Virginia DOBSON, Sarah Jane Troy and the Catholic-Negro American Mission Board.

Supreme Court of Pennsylvania.

Decided July 3, 1980.

Attorney(s) appearing for the Case

Alice Dobson, Clyde P. Bailey, Pittsburgh, for appellants at No. 57 and appellee at No. 73.

Terrence F. McVerry, Jane Dale Ressler, Gondelman, Baxter, Mansmann & McVerry, Pittsburgh, for appellants at No. 73 and appellee at No. 57.

Before EAGEN, C.J., and O'BRIEN, ROBERTS, NIX, LARSEN, FLAHERTY, and KAUFFMAN, JJ.

OPINION OF THE COURT

ROBERTS, Justice.

This appeal presents the question whether appellee, the executor of decedent's estate, properly disposed of decedent's one-fourth interest in a Subchapter S corporation. The executor sold decedent's stock back to the corporation's board of directors, who purchased the shares on behalf of the corporation. Appellants, beneficiaries under decedent's will, contend that the sale...

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