Perfect Cleaners & Dyers v. Kirschbaum

This is a bill for specific performance. The relief sought was denied by the circuit judge on the ground that there was no competent evidence to sustain the essential allegations of the bill of complaint. Plaintiffs have appealed.

In 1926 six men engaged in the cleaning and dyeing business in Detroit as the Perfect Cleaners & Dyers, Inc. Each party interested invested $4,000, and each was active as an employee in the corporation’s business. By the death of one of these men within a very few months the question was presented as to how the company could arrange financially to repossess itself of…