Baruch v. W. B. Haggerty, Inc.

This appeal is from an order denying a plea of privilege and denying a motion to dismiss the bill of complaint.

On April 20, 1937, in Miami, Dade County, Florida, W. B. Haggerty entered into a contract with Sailing W. Baruch, Jerome Lewine, Leslie Herman and Benjamin Freeman, as co-partners, represented by Sailing W. Baruch, for the sale by Haggerty to the co-partnership of 50% interest in W. B. Haggerty, Inc., a corporation, in which corporation W. B. Haggerty owned the entire capital stock of 100 shares, having no nominal or par value. The consideration to be paid for the transfer was…