Legal Opinion
Rabinowitz v. Connecticut Importing Co.
Supreme Court of Connecticut
Decided February 28, 1950PublishedCited by 2 opinions
1Opinion of the CourtJennings, J.
Morris Brochin and Sol Rabinowitz each owned or controlled 1000 shares of stock in the defendant corporation. This comprised its total capitalization. On July 26, 1944, the plaintiffs, Rabinowitz and his wife, agreed to sell their stock to the defendant. The agreement was in writing. It set the price at $25,000 plus the book value of the shares as of July 28, 1944, as determined by Reuben Pollowitz, C. P. A., under a formula set forth in the agreement. Included in the determination of book value was merchandise owned by the defendant to be taken at cost. The two sections which caused the…
2Cases cited5 opinions
- Ives v. City of WillimanticSupreme Court of Connecticut · 1936
- Lawler v. MurphySupreme Court of Connecticut · 1889
- Leventhal v. Town of StratfordSupreme Court of Connecticut · 1936
- Rockwell v. New Departure Manufacturing Co.Supreme Court of Connecticut · 1925
- Rifkin v. SafenovitzSupreme Court of Connecticut · 1944
3Cited by2 opinions
- Connecticut Co. v. DIVISION 425Supreme Court of Connecticut · 1960
- Brochin v. Connecticut Importing Co.Supreme Court of Connecticut · 1950