JETT v. DYKE ASSOCIATES

No. 5-245.

263 S.W.2d 703 (1954)

JETT v. DYKE ASSOCIATES, Inc., et al.

Supreme Court of Arkansas.

January 11, 1954.


Attorney(s) appearing for the Case

Cockrill, Limerick & Laser and Wright, Harrison, Lindsey & Upton, Little Rock, for appellant.

House, Moses & Holmes, Little Rock, for appellees.


GRIFFIN, SMITH, Chief Justice.

The suit involves ownership of 290 shares of the common stock of Dyke Associates, a management corporation. Herbert L. Jett contends that the stock was given to him August 20, 1951, in fulfillment of an indefinite promise made years ago by Nathaniel Dyke, Jr., acting for himself and his two brothers who own controlling interests in extensive incorporated enterprises, the management of which requires skilled and loyal personnel.

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