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ESTATE OF LOWRY

485 Pa. 395 (1979)

402 A.2d 1020

ESTATE of Robert L. LOWRY. Appeal of Mary E. LOWRY.

Supreme Court of Pennsylvania.

Decided July 5, 1979.

Attorney(s) appearing for the Case

John D. Rively, Harrisburg, for appellant.

Gerald T. Sajer, New Cumberlan, for appellee CCNB.

Francis J. O'Gorman, Jr., Harrisburg, for appellee Robert Griffin.

Harry L. McNeal, Jr., York, ad litem.

Before EAGEN, C.J., and O'BRIEN, ROBERTS, NIX, MANDERINO and LARSEN, JJ.

OPINION OF THE COURT

MANDERINO, Justice.

Robert L. Lowry, now deceased, and appellee, Robert Griffin, owned all of the outstanding stock of Robert L. Lowry, Inc. In 1972 they entered into a Restrictive Stock Agreement whereby, upon the death of either stockholder, the survivor was entitled to purchase the shares of the deceased stockholder. The agreement provided that the purchase price to be paid by the survivor was to be determined after the computation...

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