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GULF STATES ABRASIVE MANUFACTURING, INC. v. OERTEL

No. 15887.

489 S.W.2d 184 (1972)

GULF STATES ABRASIVE MANUFACTURING, INC., et al., Appellant, v. John W. OERTEL, Appellee.

Court of Civil Appeals of Texas, Houston (1st Dist.).

Rehearing Denied December 21, 1972.

Attorney(s) appearing for the Case

Homer T. Bouldin, Wolfe & Stluka, Dan R. Wolfe, Fred F. Abbey, Houston, for appellant.

Joe W. Steelman, Houston, for appellee.

PEDEN, Justice.

Appellee John Oertel filed this suit against Gulf States Abrasive Manufacturing, Inc. and others, alleging that by cancelling his 25,000 shares of stock in the company, the defendants had converted them and breached the company's contract with him, despite his having performed his duties under the contract, namely, to help set up the company and to get it into production.

The company alleged that Oertel's certificate for 25,000 shares of company...

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