Hunt Foods & Industries Inc. v. Doliner
New York Supreme Court
1Opinion of the CourtJacob Markowitz, J.
Plaintiff, in this action to enforce the terms of an alleged option to purchase stock, moves for summary judgment.
In a writing dated February 5, 1965, defendants who collectively own or control 73% of the .stock of Eastern Can Co., Inc., *247appear to have granted plaintiff “ the option or right to purchase all of the capital stock of eastern can go., inc.”, within their control. It was also provided that the option be exercised before June 1, 1965 in a manner specified, and that if exercised the purchase price would be $5.50 a share.
This writing was executed against a background of negotiations…
2Cases cited6 opinions
- Thomas v. . ScuttNew York Court of Appeals · 1891
- Fogelson v. Rackfay Construction Co.New York Court of Appeals · 1950
- Mitchill v. LathNew York Court of Appeals · 1928
- Smith v. . DotterweichNew York Court of Appeals · 1911
- Laskey v. Rubel Corp.New York Court of Appeals · 1951
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3Cited by4 opinions
- The Chase Manhattan Bank, a National Banking Association v. The First Marion Bank, a Banking CorporationCourt of Appeals for the First Circuit · 1971
- Michael Schiavone & Sons, Inc. v. Securalloy CompanyDistrict Court, D. Connecticut · 1970
- United Acquisition Corp. v. Banque ParibasDistrict Court, S.D. New York · 1985
- Brooks v. HorningAppellate Division of the Supreme Court of the State of New York · 1967