RNH, INC. v. BEATTY

89-1105.

571 So.2d 1039 (1990)

RNH, INC., et al. v. Billy M. BEATTY.

Supreme Court of Alabama.

October 26, 1990.


Attorney(s) appearing for the Case

Michael S. Jackson of Beers, Anderson, Jackson & Smith, Montgomery, for appellants.

Ira De Ment and Donald E. Fazekas, Montgomery, for appellee.


SHORES, Justice.

This case involves the sale of stock in a corporation operating a drugstore in downtown Montgomery, Alabama. On November 7, 1988, the plaintiff, RNH, Inc., and the defendants entered into an agreement whereby RNH, Inc., bought and the defendants sold all of the outstanding shares of stock of Price Drug Company, Inc., an Alabama corporation.

On December 13, 1988, RNH, Inc., Price Drug Company, Inc., and Robert N. Holden sued Billy M. Beatty...

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