Weiss v. Saunders, Silver & Weiss, Inc.

EISEMAN, J.,

matter comes before the court on defendant’s preliminary objections to plaintiffs’ complaint in equity.

Plaintiffs, Mae Weiss and David Kraftsow, Executors of the Estate of William Weiss, deceased, filed a complaint in equity alleging that on April 30, 1964 the corporate defendant, Saunders, Silver and Weiss, Inc., and the sole shareholders of defendant, Morton Saunders, Seymour Silver and decedent, William Weiss, entered into a “Buy-Sell Stock Agreement” obligating the company to purchase a shareholder’s stock interest at a fair value upon his death. The value of the stock was to…