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FRIDDLE v. RAYMOND

89-998.

575 So.2d 1038 (1991)

David W. FRIDDLE v. George A. RAYMOND.

Supreme Court of Alabama.

January 11, 1991.

Attorney(s) appearing for the Case

John T. Ennis, Sr. and E. Allen Dodd, Jr., Birmingham, for appellant.

K. Edward Sexton II and G. Daniel Evans, Birmingham, for appellee.

STEAGALL, Justice.

In 1983, David W. Friddle and George A. Raymond entered into a partnership for the purpose of practicing veterinary medicine under the name of Alford Avenue Veterinary Hospital, located in Birmingham, Alabama. On May 19, 1988, Friddle and Raymond entered into an agreement for the sale of Raymond's 50 per cent share in the partnership to Friddle. Friddle agreed to pay Raymond $70,481 under specified terms of payment extending over a three-year period...

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