Davis v. Sherer

BRADLEY, Judge.

William J. Davis, as director of the Alabama Department of Industrial Relations (hereinafter referred to as “Industrial Relations”), appeals from a judgment holding that J. W. Sherer was entitled to unemployment compensation. We reverse.

Mr. Sherer was the president, manager, and sole stockholder of the Royal Crown Bottling Company of Gadsden, Inc., and a principal stockholder of Royal Crown Bottling Company of Cullman, Inc. Mr. Sherer sold his entire interest in both companies to a corporation based in Atlanta. When he applied for unemployment compensation benefits, his request…