Bokser v. Lewis

Opinion by

Mb. Justice Bell,

This is an appeal from a final decree in equity confirming a prior adjudication and dismissing exceptions thereto. Plaintiffs filed a bill in equity to enjoin defendant from disposing of corporate stock he contracted to sell to plaintiffs and for specific performance of the contract and other equitable relief. The narrow question involved is whether the written agreement of purchase of the common stock of the Code Electric Products Corporation was usurious and therefore unenforceable.

The Chancellor found the following facts:

“1. (a) In October 1951 * defendant,…