Wilbur v. Stoepel

This suit was brought upon the following written agreement:

“ In consideration of the undertakings of DeWitt E. Wilbur, in connection of the Stoepel Lumber Company, ( and as part of the contract for the sale of $10,000 of the j capital stock of said company by us to him, we hereby j •agree that if at the end of two years he decides to with- j ■draw from said company we will repurchase the stock he j buys of us, or so much of it as he may then have, for l ■cash, at 80 per cent, of its par value; and if at any time j during the first two years the said company dispenses l with his services we…