Legal Opinion
Houston Oil Field Material Company, Inc. (Now by Amendment of Charter: International Systems & Controls Corporation, Inc.) v. R. M. Stuard
Court of Appeals for the Fifth Circuit
Decided February 11, 1969No. 25960_1PublishedCited by 20 opinions
1Opinion of the Court
THORNBERRY, Circuit Judge:
The Houston Oil Field Material Company (Homco) appeals from a judgment on a $28,000 jury verdict in favor of R. M. Stuard, who served as manager of the company’s office in Brookhaven, Mississippi from 1952 until September 1, 1966. On May 13, 1963, appellant gave Stuard a stock option to purchase 1.000 shares of Homco stock at $6 per share, two conditions being that appellee could not exercise his option for at least a year and could not exercise it unless he remained in the company’s employ. He attempted to exercise the option in August, 1964 and again in August,…
2Cases cited5 opinions
- Bernhardt v. Polygraphic Co. of America, Inc.Supreme Court of the United States · 1956
- Forest Hill Corp. v. Latter & Blum, Inc.Supreme Court of Alabama · 1947
- Texas Co. v. MillsMississippi Supreme Court · 1934
- Sands v. PotterIllinois Supreme Court · 1896
- Jefferson County Burial Soc. v. CottonSupreme Court of Alabama · 1930
3Cited by20 opinions
- Angelo Tomasso, Inc. v. Armor Construction & Paving, Inc.Supreme Court of Connecticut · 1982
- Lipshie v. Tracy Investment Co.Nevada Supreme Court · 1977
- Henderson v. Buchanan (In Re Western World Funding, Inc.)United States Bankruptcy Court, D. Nevada · 1985
- DeMartino v. Monroe Little League, Inc.Supreme Court of Connecticut · 1984
- Talen's Landing, Inc. v. M/v Venture, Ii, Etc., Venture Towing, Inc., Venture Marine Enterprises, Inc. And Jacques J. CreppelCourt of Appeals for the Fifth Circuit · 1981
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