May v. Wilcox Furniture Downtown, Inc.

NYE, Justice.

OPINION

This is a suit for specific performance based upon a contract under which three corporations have exercised their option to re-purchase the shares of stock owned by a former director and stockholder. It was undisputed that the corporations had the right to re-purchase the stock and that the former stockholder was willing to transfer the stock back to the corporations. However, a dispute arose concerning the value of the stock. The case was submitted to a jury on thirty-four special issues, the effect of which was to acquit all parties of any wrongdoing. Thereupon, the…