Collins v. Jones

Pope, Judge.

Appellees/plaintiffs William T. Jones, Charles McMillian, James M. Zeidler and Fresh & Fancy Produce, Inc. (hereinafter “plaintiffs”) brought this suit on a contract against appellant/defendant Charles C. Collins alleging that Collins had breached the contract by failing to disclose certain debts owed by the corporation. The contract between the parties was a settlement agreement terminating previous litigation between the parties whereby Collins sold back to the corporation and the other parties his stock in the corporation. Paragraph 6 of the settlement agreement read:…