Legal Opinion
Smith v. Atlantic Properties, Inc.
Massachusetts Appeals Court
Decided July 6, 1981PublishedCited by 27 opinions
1Opinion of the CourtCutter, J.
In December, 1951, Dr. Louis É. Wolfson agreed to purchase land in Norwood for $350,000, with an initial cash payment of $50,000 and a mortgage note of $300,000 payable in thirty-three months. Dr. Wolfson offered a quarter interest each in the land to Mr. Paul T. Smith, Mr. Abraham Zimble, and William H. Burke. Each paid to Dr. Wolfson $12,500, one quarter of the initial payment. Mr. Smith, an attorney, organized the defendant corporation (Atlantic) in 1951 to operate the real estate. Each of the four subscribers received twenty-five shares of stock. Mr. Smith included, both in the…
2Cases cited15 opinions
- Donahue v. Rodd Electrotype Co. of New England, Inc.Massachusetts Supreme Judicial Court · 1975
- Wilkes v. Springside Nursing Home, Inc.Massachusetts Supreme Judicial Court · 1976
- Jessie v. BoyntonMassachusetts Supreme Judicial Court · 1977
- United Factory Outlet, Inc. v. Jay's Stores, Inc.Massachusetts Supreme Judicial Court · 1972
- Rae E. Helms, Administratrix of the Estate of Charles W. Easterday, Deceased v. Raymond F. DuckworthCourt of Appeals for the D.C. Circuit · 1957
10 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- Demoulas v. Demoulas Super Markets, Inc.Massachusetts Supreme Judicial Court · 1997
- Zimmerman v. BogoffMassachusetts Supreme Judicial Court · 1988
- Rexford Rand Corporation v. Gregory AncelCourt of Appeals for the Seventh Circuit · 1995
- A.W. Chesterton Co. v. ChestertonCourt of Appeals for the First Circuit · 1997
- Hollis v. HillCourt of Appeals for the Fifth Circuit · 2000
22 more not listed; retrieve them via the Exa API.