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SHADRICK v. JOHNSTON

1900062.

581 So.2d 805 (1991)

Billy P. SHADRICK, et al. v. S. David JOHNSTON, et al.

Supreme Court of Alabama.

As Modified on Denial of Rehearing May 24, 1991.

Attorney(s) appearing for the Case

Tennent Lee III of Burr & Forman, Huntsville, for appellants.

Gary C. Huckaby, G. Rick Hall and H. Knox McMillan of Bradley, Arant, Rose & White, Huntsville, for appellees.

SHORES, Justice.

This case involves the sale of stock in Dalcor Properties, Inc., the general partner in over 50 limited partnerships. Billy P. Shadrick and Oren J. Heffner (hereinafter "the buyers") entered into an agreement for the sale of Dalcor Properties, Inc., with S. David Johnston, Gary D. Joyce, and Danny L. Wiginton (hereinafter "the sellers"). The buyers claim that the agreement is ambiguous as to the purchase price.

Paragraph 3 of the agreement...

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