Sloan v. Burrows

This is an action of contract to recover under an indemnity clause in a stock purchase agreement. A judge sitting without a jury made findings of fact and found for each plaintiff in the same amount. The case comes here on the defendant’s exceptions to certain rulings.

Findings of the judge include the following. On or about December 30,1959, the plaintiff Sloan entered into an agreement to purchase all the outstanding stock in Mattson & Rowse, Inc. (Mattson) from its owner Burrows, the defendant. Sloan had been employed by Mattson since 1950, first as a truck driver and, from 1957, as…