New York Court of Appeals

Ernest Aron v. Florence Gillman, as Administratrices D. B. N. of the Estate of Dora Ostroff

July 8, 1955309 N.Y. 157

Summary

The Court affirmed the judgment ordering specific performance but modified the valuation of the intestate's stock by requiring the actual inventory value and the deduction of estimated federal and state income taxes, and remanded for computation of the corrected book value.