Batesville Truck Line, Inc. v. Martin

Minor W. Millwee, Justice.

Appellee Clay Martin brought this suit to require appellant Gilbert F. Tugwell to specifically perform a contract to transfer to Martin fifty per cent of the corporate stock of Batesville Truck Line, Inc. The corporation and its stockholders, including Tugwell, were made parties defendant.

Trial resulted in a decree in appellees! favor which directed Tugwell and his wife to transfer the stock to Clay Martin and wife in accordance with the alleged agreement.

The evidence tends to establish the following facts. For several years Clay Martin has owned and operated a motor…