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POWELL v. VANZANT

88-1150.

557 So.2d 1225 (1990)

Donald R. POWELL and George Johnston III v. James M. VANZANT.

Supreme Court of Alabama.

January 12, 1990.

Attorney(s) appearing for the Case

S.P. Keith, Jr., for appellants.

Michael A. Givens, Sylacauga, and James M. Sizemore, Jr., Montgomery, for appellee.

PER CURIAM.

By way of the clerk's record and the briefs of the parties, we discern the following facts:1

Vanzant (plaintiff/appellee) purchased all of the capital stock in Arrow Truck Lines, Inc. ("ATL"), from Powell and Johnston (defendants/appellants). During the negotiations for this sale, the defendants represented to Vanzant that ATL owned the right to receive installment payments on several trucks that Central Hauling and...

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