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SIMON v. WEYMOUTH AGRICULTURAL & INDUSTRIAL SOCIETY

389 Mass. 146 (1983)

449 N.E.2d 371

NORMAN H. SIMON & another, executors, vs. WEYMOUTH AGRICULTURAL AND INDUSTRIAL SOCIETY & others (and a companion case).

Supreme Judicial Court of Massachusetts, Norfolk.

May 11, 1983.

Attorney(s) appearing for the Case

Herbert D. Lewis for Norman H. Simon & another.

Richard L. Neumeier (Robert T. Gill with him) for Charles L. Michelson & others.

Joel A. Kozol (Matthew S. Kozol with him) for Weymouth Agricultural and Industrial Society.

Stanley H. Rudman, for Richard E. Reagan.

Present: HENNESSEY, C.J., ABRAMS, NOLAN, LYNCH, & O'CONNOR, JJ.

NOLAN, J.

The issue in this case concerns the validity of five promissory notes executed by the defendant, Weymouth Agricultural and Industrial Society (Weymouth) and a contract to sell 75% of the stock of Weymouth.

Philip Simon, a holder of 25% of the capital stock of Weymouth, commenced this action against Weymouth, Richard Reagan, the holder of the remaining 75% of Weymouth's stock, Charles L. Michelson, and Lillian P. McIntyre, former holders of 25% each...

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