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LOWNDES COOP. ASSN. v. LIPSEY

No. 41680.

240 Miss. 71 (1961)

126 So.2d 276

LOWNDES COOPERATIVE ASSOCIATION (AAL) v. LIPSEY.

Supreme Court of Mississippi.

January 30, 1961.

Attorney(s) appearing for the Case

Burgin & Gholson, Columbus, for appellant.

William J. Threadgill, Dewitt T. Hicks, Jr., Columbus, for appellee.

ETHRIDGE, J.

This case involves a question of the legal sufficiency of a consideration to support a retirement agreement of an employee. Appellee, R.L. Lipsey, brought this action in the Circuit Court of Lowndes County against Lowndes Cooperative Association (AAL) (called "Cooperative"), a corporation, to recover the retirement payments alleged due him up to that time from the defendant. The jury found for plaintiff in the...

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