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BAUER v. P.A. CUTRI CO. OF BRADFORD, INC.

434 Pa. 305 (1969)

Bauer v. P.A. Cutri Company of Bradford, Inc. (et al., Appellants).

Supreme Court of Pennsylvania.

May 9, 1969.

Attorney(s) appearing for the Case

R.T. Mutzabaugh, with him Mutzabaugh & Mutzabaugh, for appellant.

James K. Angell, with him Angell and Angell, for appellee.

Before BELL, C.J., JONES, COHEN, EAGEN, O'BRIEN, ROBERTS and POMEROY, JJ.

OPINION BY MR. JUSTICE ROBERTS, May 9, 1969:

In 1961, appellee sold his insurance agency in Bradford, Pennsylvania to Rand for $2,500.00 in cash and an unliquidated amount to be computed from a formula based on a percentage factor multiplied by yearly renewal figures over a period of years. Appellee also agreed to sign a covenant-not-to-compete, the exact terms of which are no longer relevant. Rand proceeded to organize the Bradford Area Insurance Center Agency, Inc...

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