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McMILLIN v. GREAT SOUTHERN CORPORATION

480 S.W.2d 152 (1972)

J.D. McMILLIN, Jr., Appellee, v. GREAT SOUTHERN CORPORATION, Appellant.

Court of Appeals of Tennessee, Western Section.

Certiorari Denied May 1, 1972.

Attorney(s) appearing for the Case

Ernest B. Kimpel, Jr., Memphis, for appellant.

C. Thomas Cates of Burch, Porter & Johnson, Memphis, for appellee.

Certiorari Denied by Supreme Court May 1, 1972.

NEARN, Judge.

J.D. McMillin, Jr., was one of the pre-organization subscribers of stock and a former employee of the defendant, Great Southern Corporation. Shortly after incorporation, a ten-year stock option to purchase a stated number of shares of the defendant corporation at the price of One Dollar ($1.00) each was given by the defendant corporation to complainant and certain others of the pre-organization...

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