JONES v. McGAHEY

No. 44001.

187 So.2d 579 (1966)

Mrs. Altie McGahey JONES (Revived by Executor) v. T.A. McGAHEY, Jr. T.A. McGAHEY, Jr. v. Mrs. Altie McGahey JONES and R.L. Edmonson, Jr.

Supreme Court of Mississippi.

June 6, 1966.


Attorney(s) appearing for the Case

Fred Smith, Ripley, and Hunter M. Gholson, Columbus, for Mrs. Altie McGahey Jones.

John H. Holloman, Columbus, for R.L. Edmonson, Jr.

Threadgill & Hicks, Columbus, and Watkins & Eager, Jackson, for T.A. McGahey, Jr.


ETHRIDGE, Chief Justice.

These two cases were consolidated for hearing in the Chancery Court of Lowndes County and in this Court, although they involve different issues, because they were concerned with many interrelated facts. Essentially they involve two issues: (1) the enforceability of an oral contact between two persons to purchase jointly corporate stock for the joint benefit of both; and (2) the propriety of the trial court's decree ordering corporate stock...

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