Estate of Stine v. Chambanco, Inc.

INTRODUCTION

Dale Stine and Chambanco, Inc., entered into an agreement for the sale of shares of stock in Ewing Agency, Inc. This agree ment provided for an additional $25,000 payment to Stine that would be payable when Chambanco received that sum pursuant to a separate agreement between Stine and Ewing Agency. Stine is now deceased; Chambanco has not paid this additional payment to the estate of Stine.

Following a bench trial, the district court entered judgment in favor of the estate of Stine and against Chambanco. Even though the trial court found that the contract language at issue was not…