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SHELTER MODULAR CORP. v. CARDINAL ENTERPRISES

SC 2074.

347 So.2d 1334 (1977)

SHELTER MODULAR CORPORATION, a corp., and Shelter Resources, Inc. v. CARDINAL ENTERPRISES, INC., a corp.

Supreme Court of Alabama.

Rehearing Denied July 29, 1977.

Attorney(s) appearing for the Case

Robert S. Vance, Birmingham, for appellant.

Edward L. Hardin, Jr., Hardin, Stuart & Moncus, Birmingham, for appellee.

SHORES, Justice.

This litigation arose out of the following facts:

In 1966, Mr. Milton Andrews, his son Bruce Andrews and Mr. Denson Hinton formed a corporation called Charter Corporation. John Andrews, another son of Mr. Milton Andrews, went to work with that company about the time it was formed. The business of the corporation was developing land, building and selling houses to the public.

Charter Corporation was sold to Electronics Capital Corporation...

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