C. A. Laystrom v. Continental Copper & Steel Industries, Inc., a Delaware Corporation

SCHNACKENBERG, Circuit Judge.

Plaintiffs (sometimes referred to- as the sellers) are 31 persons who, together with 11 other persons, on July 22, 1944 entered into an agreement to sell to Chester A. Bowles practically all of the outstanding shares of capital stock of Quality Hardware and Machine Corporation (herein referred to as Quality). In 1946 Bowles assigned his interest to defendant.

Plaintiffs brought this suit on September 5, 1951 to recover what they claimed was due them on the purchase price. After a trial without a jury, the district court entered a judgment for defendant on July 29,…