NELSON v. LEADERS

No. 51930.

140 N.W.2d 921 (1966)

Stanley C. NELSON and Clinton J. Erickson, and Council Bluffs Farm Equipment, Inc., a corporation, Appellants, v. Gerald A. LEADERS, Appellee.

Supreme Court of Iowa.

March 8, 1966.


Attorney(s) appearing for the Case

John W. Kellogg and Fred E. Egan, Missouri Valley, for appellants.

Hess, Peters & Sulhoff, Council Bluffs, and Michael Murray, Logan, for appellee.


THORNTON, Justice.

This is an action to enforce a restrictive covenant in a buy and sell agreement between stockholders in a farm equipment business holding an International Harvester dealership doing business in Council Bluffs. Plaintiffs are the remaining stockholders and the corporation. Defendant was employed by the individual plaintiffs in 1959 while they were partners in the farm equipment business. Defendant later became a partner in the business. In June,...

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