Williams v. Loicano

RENFRO, Justice.

This case is before us as an appeal from the denial of a temporary injunction.

Plaintiff R. B. Williams, d/b/a Fort Worth Vending Company, sought an injunction to enjoin Martin Loicano, d/b/a Big State Vending Machine .Company, from competing with plaintiff in the vending machine business.

On September 20, 1961, Martin Loicano and his brother, as partners owning Big State Coin Machine Company, sold all the assets of said Company to Standard Cigarette Service, Inc., for a consideration of $225,000.00. In the contract the seller agreed, in paragraph 1: “to sell all of its physical…