MacKENZIE, District Judge.
On October 21, 1957, Standard Business Forms, Inc. purchased Emerson D. Folk's interest in that corporation. As part of the consideration for the sale, the usual agreements were executed under which Mr. Folk agreed not to compete in a three state area and not to hire employees of Standard Business Forms, Inc. for a ten year period.
In 1959, a declaratory judgment suit was instituted by Folk and his new company, National Business...
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