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JOHNS v. CALDWELL

601 S.W.2d 37 (1980)

Carlos JOHNS, Plaintiff-Appellant-Cross-Appellee, v. Harold L. CALDWELL, Defendant-Appellee, and Richard T. Moore, Sr., Defendant-Appellee-Cross-Appellant.

Court of Appeals of Tennessee, Western Section.

Certiorari Denied June 23, 1980.

Attorney(s) appearing for the Case

M.T. Weakley, Weakley & Weakley, Dyersburg, for Johns.

Joseph M. Boyd, Jr., Boyd & Boyd, Dyersburg, for Caldwell.

A.D. Walker, Jr., Walker & Walker, Dyersburg, for Moore.

Certiorari Denied by Supreme Court June 23, 1980.

EWELL, Judge.

Plaintiff, Johns, and defendant, Caldwell, in 1965 purchased from Newbern Hardware Company, Inc. (NHC) substantially all of the assets of a John Deere equipment dealership. After execution of the contract of sale but before the sale was consummated, K.E. Moore, controlling stockholder of NHC, insisted as a condition of going forward with the transaction that his son, defendant Moore, be given...

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