(Download) "Bayard Et Al. v. Martin" by Supreme Court of Delaware ~ Book PDF Kindle ePub Free

July 12, 2021

eBook details

Title: Bayard Et Al. v. Martin
Author : Supreme Court of Delaware
Release Date : January 01, 1953
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 59 KB

Description

TUNNELL, Justice. On October 3, 1946, Joseph H. Martin, the defendant, entered into a contract with Star Publishing Company (hereinafter called
'Star'), one of the plaintiffs, and an individual by the name of J. Edwin Carter. The contract provided that Martin was to
do and refrain from doing a number of things of benefit to Star 1 and to sell Carter all of the issued and outstanding
capital stock in Star. As part consideration for the contract, Martin was to receive $140,500 in money, of which $35,000 was
paid down, and the remainder was to become due in twenty-one installments maturing over a period of years. A judgment note
was taken for each installment. Both Star and Carter executed the contract and each of the notes, and in January, 1947, all
the notes were entered in judgment in the Superior Court of New Castle County.