Kready v. Bechtel, Lutz & Jost

Opinion by

Mr. Justice O’Brien,

Appellant, who was employed as a salesman by appellee, purchased, on January 2, 1942, three shares of the stock of appellee. On April 11, 1942, the parties entered into a written agreement which obligates appellee to purchase appellant’s shares “upon the death of Kready, or upon his leaving their employ”, “at the book value of said stock as appears on a balance sheet of [defendant], as of the 31st of December preceding *571the death or leaving of their employ”, and bound appellant to transfer the shares to appellee upon payment.

Appellee caused a notice to be typed on…