![Melvin K. Allen Et Al. v. Biltmore Tissue Corporation](/assets/artwork/1x1-42817eea7ade52607a760cbee00d1495.gif)
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Melvin K. Allen Et Al. v. Biltmore Tissue Corporation
NY.41584; 141 N.E.2d 812; 2 N.Y.2d 534 (1957)
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Publisher Description
[2 N.Y.2d 534 Page 537] The by-laws of defendant corporation give it an option to purchase, in case of the death of a stockholder, his shares of
the corporate stock. The enforceability of this option is one of the questions for decision.