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POWELSON v. NATIONAL AIRLINES, INC.

No. 39154.

220 Miss. 595 (1954)

71 So.2d 467

59 Adv. S. 38

POWELSON v. NATIONAL AIRLINES, INC.

Supreme Court of Mississippi.

April 5, 1954.

Attorney(s) appearing for the Case

John M. Gardner, Mize, Thompson & Mize, Gulfport, for appellant.

Morse & Morse, Gulfport; Jones, Walker & Waechter, New Orleans, Louisiana, for appellee.

ETHRIDGE, J.

Appellant, Dennis Powelson, brought this action in the Circuit Court of Harrison County against appellee, National Airlines, Inc., to recover damages for an alleged breach of contract for the purchase by appellee of shares of stock owned by appellant in Caribbean-Atlantic Airlines, Inc. In 1945 Powelson was the majority stockholder in and president of Caribbean-Atlantic Airlines, Inc., hereafter referred to...

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