Voss Bros. Mfg. Co. v. Voss

SANBORN, Circuit Judge.

The appellees, on January 16, 1945, contracted to sell to The Industrial Machine Key Corporation a majority of the capital stock of Voss Brothers Manufacturing Co., of Iowa, a family corporation. On February 17, 1945, the buy$r assigned its interest in the contract to the appellant. On February 21, 1945, the appellant tendered full performance of the contract, but the ap-pellees refused to deliver the stock contracted for. Appellant brought this action for specific performance. Jurisdiction is based upon diversity of citizenship. The appellees asserted, in defense, that…