Wolf v. Globe Liquor Co.

96 A.2d 236 (1953)

WOLF

v.

GLOBE LIQUOR CO.

Court of Chancery of Delaware, New Castle.

April 13, 1953.

William Prickett, of Wilmington, for plaintiff.

H. Albert Young, of Wilmington, for defendant.

BRAMHALL, Vice-Chancellor.

In July of 1937, defendant was a corporation engaged in the wholesale liquor business in the City of Wilmington. Its stock was owned solely by one Morton Lazarus. Plaintiff and Lazarus, on behalf of defendant corporation, entered into a contract, terminable by either party on thirty days' notice, under the terms of which defendant employed plaintiff as manager of its business at a…