HALLER v. CHILES, HEIDER AND CO., INC.

No. 40089.

236 N.W.2d 822 (1975)

195 Neb. 65

Joseph E. HALLER, Appellee, Cross-Appellant, v. CHILES, HEIDER AND CO., INC., a corporation, Appellant, Cross-Appellee.

Supreme Court of Nebraska.

December 24, 1975.


Attorney(s) appearing for the Case

Cline, Williams, Wright, Johnson & Oldfather, James M. Bausch, Lincoln, for appellant.

Dana C. Bradford, III, Jeffrey A. Silver, Bradford, Bloch & Coenen, Omaha, for appellee.

Heard before SPENCER, McCOWN and NEWTON, JJ., and WEAVER and BLUE, District Judges.


SPENCER, Justice.

This is a declaratory judgment action brought by Joseph E. Haller, plaintiff, against Chiles, Heider and Co., Inc., to determine stock option purchase rights of the parties. The issue involved is when defendant exercised its right to purchase plaintiff's stock and the procedures involved in determining net book value. Plaintiff contends defendant did so in a letter dated January 28, 1974. Defendant contends it did not do so until its letter of February...

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