MURPHY v. S-M DELAWARE, INC.

No. 80-96.

95 Ill. App.3d 562 (1981)

420 N.E.2d 456

JAMES M. MURPHY, Plaintiff-Appellant, v. S-M DELAWARE, INC., a/k/a Salerno-Megowen Biscuit Company, Defendant-Appellee.

Appellate Court of Illinois — First District (2nd Division).

Opinion filed April 7, 1981.


Attorney(s) appearing for the Case

Gerard C. Heldrich, Jr., of Peterson, Heldrich, Collison & Associates, of Chicago (Michael Kreloff, of counsel), for appellant.

Wildman, Harrold, Allen & Dixon, of Chicago (Robert E. Kehoe, Jr., of counsel), for appellee.


Judgment affirmed.

Mr. JUSTICE PERLIN delivered the opinion of the court:

Plaintiff, James M. Murphy, a sales supervisor and shareholder of defendant, S-M Delaware, Inc., known as Salerno-Megowen Biscuit Company (hereinafter referred to as Salerno), sold his shares of stock pursuant to a merger resolution, and, in conjunction therewith, executed a document entitled "SELLING STOCKHOLDERS' CONSENT AND AGREEMENT" (hereinafter referred to as the Agreement). Subsequently...

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