AMREP CORPORATION v. NICHOLSON

No. L-368.

249 So.2d 84 (1970)

AMREP CORPORATION, a Corporation, Appellant, v. Howard T. NICHOLSON, Appellee.

District Court of Appeal of Florida, First District.

July 21, 1970.


Attorney(s) appearing for the Case

Virgil L. Milbrath of Milbrath & Walkup, Ocala, for appellant.

John Marshall Green of Green, Simmons & Green, Ocala, for appellee.


SPECTOR, Judge.

Appellant seeks reversal of a final summary judgment holding that appellee, a former employee, is entitled to specific performance for the issuance of 1,500 shares of common stock under an employee stock option agreement.

Amrep Corporation, formerly American Realty and Petroleum Corporation, is primarily in the real estate development business. Its stock is traded on the American Stock Exchange. An office is maintained by it in Ocala, Marion...

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