Bass v. Ring

Stone, Justice.

In this action, somewhat in the nature of one for an accounting, plaintiff got judgment for a smaller amount than claimed. He appeals.

As of May 31, 1935, plaintiff was owner of 40 per cent, and defendants M. J. and Vera Ring had the other 60 per cent, of the stock of the Ring Construction Company, then a successful going concern in the business indicated by its name. By written contract, plaintiff agreed to sell and defendants to buy his stock for its then book value, to be determined by audit, with the privilege on either side to have another made as a check upon the first.…