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GEORESEARCH, INC. v. MORRISS

Civ. A. Nos. 6826, 6827.

193 F.Supp. 163 (1961)

GEORESEARCH, INC. v. Herbert A. MORRISS, Jr. GEORESEARCH, INC. v. George C. HOWARD.

United States District Court W. D. Louisiana, Shreveport Division.

March 30, 1961.

Attorney(s) appearing for the Case

Timothy E. Kelley and Talbot Rain, Thompson, Knight, Wright & Simmons, Dallas, Tex., L. W. Richey, Gaharan & Richey, Jena, La., for plaintiff.

John T. Guyton and James A. Van Hook, Hargrove, Guyton & Van Hook, Shreveport, La., for defendants.

BEN C. DAWKINS, Jr., Chief Judge.

Brought under the Diversity Statute,1 these two cases were consolidated for trial with separate judgments to be rendered. The question in both cases turns on the validity and interpretation of two identical written agreements signed by defendants, entitled "Stock Transfer Restriction Agreement," hereinafter referred to as the Agreement.

The Agreement, restricting defendants' rights to sell, transfer...

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