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McMILLAN, LTD. v. WARRIOR DRILLING & ENG.

1910699.

607 So.2d 151 (1992)

McMILLAN, LTD., an Alabama Partnership v. WARRIOR DRILLING & ENGINEERING COMPANY, INC., and Howell Petroleum Company.

Supreme Court of Alabama.

Rehearing Denied October 23, 1992.

Attorney(s) appearing for the Case

Samuel H. Frazier, Alton B. Parker, Jr., Deborah A. Pickens and Steve R. Burford of Spain, Gillon, Grooms, Blan & Nettles, Birmingham, for appellant.

Kaye K. Houser, David M. Wooldridge and C. Randal Johnson of Sirote & Permutt, P.C., Birmingham, for appellees.

HOUSTON, Justice.

This is the second time these parties have been before this Court. See McMillan, Ltd. v. Warrior Drilling & Engineering Co., 512 So.2d 14 (Ala.1987), for a better understanding of the circumstances surrounding this case. We held on the first appeal that McMillan, Ltd., an Alabama limited partnership, had timely and effectively exercised its option to purchase stock in Warrior Drilling & Engineering...

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