Buckhout v. Witwer
Michigan Supreme Court
Appeal from Kalamazoo; Knappen, J. Bill by Oscar K. Buckhout against Benjamin F. Witwer and Roy Witwer for the specific performance of a contract. From an order sustaining a demurrer to the bill, complainant appeals.
1Opinion of the CourtHooker, J.
The Witwer Baking Company is a corporation doing business in Kalamazoo. It was organized July 18, 1906, to take over the business of Benjamin F. Witwer, of that place, who had established a lucrative baking business. Its capital stock was $100,000, of which Benjamin F. Witwer subscribed for $39,000, Etta Witwer $1,000, Lorenzo T. Bennett $49,000, and Oscar K. Buckhout, the complainant, $11,000. The good will of said business was put in at $10,000.
*407On February 36, 1908, Boy Witwer, a son of Benjamin F. Witwer, acquired 100 shares of the capital stock of said company. On March 9, 1908,…
2Cases cited12 opinions
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