Arrighi, to Use v. Renwick

Opinion by

Mr. Justice Schaefer,

On petition of defendant the court below made absolute a rule to open judgment entered on a bond accompanying a mortgage. From this action the use plaintiff appeals.

The situation in which the parties find themselves grows out of the purchase by Ralph E. Renwick (son of defendant) of a cement block manufacturing business from Peter Arrighi, Inc., on September 1, 1927. Up until that time Ralph E. Renwick had been employed by the seller as its foreman. He was also a stockholder therein. The purchase and sale was evidenced by an agreement in writing bearing the…