Sonek v. Hill B. L. Assn.

The complainants seek such a decree as will vest in each of them an undivided one-fifth part of certain premises on Davenport Avenue, Newark, upon payment of certain moneys which they tender. Their case rests primarily on a contract dated July 9th, 1945, whereby the trustees in dissolution of Hill Building and Loan Association agreed to sell the premises for $5,000 to five men, namely, the three complainants and two of the defendants, Rudolph Jager and Sanford Ness. The five purchasers were partners engaged in the laundry business at the premises described in the agreement of sale, which they…