Lowenstein v. Schiffer

This is a motion to stay further proceedings in this action until the decision of an appeal now pending in the Court of Appeals in another action between the same parties. The plaintiffs are the executors of Isaías Meyer, who, with the two defendants* *478composed the firm of Pelgram & Meyer. The copartnership articles provided that on the death of either partner the surviving partners should have the option of purchasing the interest of the deceased at a valuation arrived at in a manner provided by the articles. Isaías Meyer having died, the defendants elected to purchase his interest in the…