Isadore D. Blumenthal v. Leon Reiner and Wife, Bertha Reiner, (Two Cases). Leon Reiner and Wife, Bertha Reiner v. Isadore D. Blumenthal

SOPER, Circuit Judge.

This suit was brought by Leon Reiner and Bertha Reiner, his wife, of New York against Isadore D. Blumenthal of Charlotte, North Carolina, for the collection of two promissory notes aggregating $25,000.00 given by the defendant to the plaintiffs on January 23, 1951. The controversy arose out of a written contract dated October 1, 1948, wherein the Reiners sold and transferred 45 shares of the stock of L. and B. Reiner, Inc., a New York corporation, to Blumenthal for the sum of $190,000.00. The corporation had succeeded a partnership composed of the Reiners in the business…