Andersen v. Brennen

This action, tried to the court without a jury, is to enforce specific performance of an option contract. On April 8, 1929, the plaintiff, Andersen, and the defendant Brennen entered into a written agreement, by the terms of which Andersen sold to Brennen a machine works establishment; the consideration being four thousand dollars in cash and one hundred ten shares of the capital stock of a certain corporation, the shares having a par value of one hundred dollars each. The agreement contained the following provision giving Andersen an option to require Brennen to repurchase the stock:

“In…