WO BARNES CO., INC. v. Folsinski

This is a suit for the specific performance of an agreement pertaining to stock in the plaintiff corporation. In 1945 and for some time prior thereto plaintiff was engaged in business in the city of Detroit, its earnings being substantial in amount. All stock then issued and outstanding, prior to performance under the agreement in question here, stood in the name of the president, J. H. Flavell. Among other officers and employees was defendant’s decedent, Louis R. Hauser, who had acted as director, secretary, and executive vice-president. Prom 1946 until his death on or about November 18,…