WILHELM v. SCHAFER

Docket Nos. 59747, 59748.

403 Mich. 306 (1978)

269 N.W.2d 157

WILHELM v. SCHAFER

Supreme Court of Michigan.

Decided August 30, 1978.


Attorney(s) appearing for the Case

LaBarge, Zatkoff & Dinning, P.C. (by Ronald H. Greve), for plaintiff.

Lewis Daniels and George Steeh for defendants.


PER CURIAM:

The lower courts found an implied condition in a stock redemption agreement that the corporation, under plaintiff's direction, earn enough profits to make the sale feasible. Our review reveals inadequate record support for the existence of the implied condition.

I

Plaintiff Ronald D. Wilhelm began working for defendant Dart Heating and Air Conditioning Service, Inc. (Dart), as a sales engineer in 1967. In November, 1971, defendant James...

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