In Re Estate Of Samuel Glant

Samuel Glant, at the time of his death, owned a 22.54% interest in the Pacific Iron and Metal Company, a partnership which had been engaged in the waste materials business for a period exceeding thirty-eight years. By the terms of his will, Fay Phyllis Glant, his widow, was bequeathed a 7.51% interest in the company. Pursuant to RCW 11.64.030, the surviving partners petitioned the court to fix the price and determine the terms of sale of the interest bequeathed to Mrs. Glant, in accordance with the purchase preference rights afforded surviving partners by the statute.