Kaufman v. Gordon

This is an action for breach of warranty in the sale of shares of stock in a realty development corporation. The case was tried before the court without a jury and formal findings of fact and conclusions of law were waived.

Defendants owned a large tract of land in Scarsdale, New York. They developed this land with roads and utilities. Houses were custom-built on order upon the first four sections and then the remaining four sections, which were not built upon, were sold to the plaintiff Most. Actually, plaintiff Most purchased three shares of stock in the corporation that owned these assets…