Hurley v. Thomas

ANDREWS, Judge.

This is an appeal by the defendants, Raymond S. Hurley and Carl R. Warner, from an order granting specific performance of a contract for the purchase of corporate stock from the plaintiffs, Edward W. Thomas, et al.

The plaintiffs and the defendants, together with Consolidated Securities Corporation and Nick P. Christos, entered into a contract on April 18, 1961, whereby the latter agreed to purchase 19,050 shares of stock in Consolidated Development Corporation from the plaintiffs. Consolidated Securities Corporation was owned one-third each by Christos, Hurley and Warner.

Under…