Wilcom v. Wilcom

BLOOM, Judge.

In this specific performance action, the Circuit Court for Frederick County determined that appellant, Lewis Weber Wilcom (Lewis), had entered into a valid, binding contract to sell all of his shares of stock in 75-80 Dragway, Inc., a family owned corporation, to the other stockholders, Lewis’s brothers, William E. Wilcom, Michael J. Wilcom, J. Jerome Wilcom, and Anthony Wilcom (William, Michael, Jerome, and Anthony). Lewis was ordered to transfer his 799 shares to the purchasers upon receipt of $18,233.18, the purchase price calculated on the basis of a formula previously agreed…