Rench v. Leihser

Defendant, Leora Leihser, appeals from a judgment of the circuit court of Bond County granting specific performance of a stock purchase agreement found to govern shares of Loyd Trucking Corporation stock owned by her late husband, Robert Leihser. That judgment orders defendant, as executrix of Robert Leihser’s estate, to transfer his 24 shares of Loyd Trucking stock to plaintiff, Elbert Rench, the corporation’s largest surviving stockholder. The transfer is to take place on payment to defendant by plaintiff of $27,652.69, which sum represents the value of Robert Leihser’s shares, minus…