CHASTAIN & BLASS REAL ESTATE & INS., INC. v. DAVIS

1 Div. 374.

195 So.2d 782 (1967)

CHASTAIN & BLASS REAL ESTATE & INSURANCE, INC. v. J. C. DAVIS, Jr., et al.

Supreme Court of Alabama.

February 16, 1967.


Attorney(s) appearing for the Case

Reynolds & Lauten, Mobile, for appellant.

Tonsmeire, McFadden & Favre, Mobile, for appellees.


MERRILL, Justice.

Appellees Davis and Harper filed a declaratory judgment proceeding in equity to construe a contract whereby appellees purchased an insurance agency from appellant. The dispute arose over the amount due on the final payment. From a decree finding that appellees owed $1,329.12 instead of $4,668.39, as contended by appellant, this appeal followed.

Considerable negotiations were involved before the contract was signed. An old contract of purchase...

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