Lowndes Cooperative Ass'n v. Lipset

This case involves a question of the legal sufficiency of a consideration to support a retirement agreement of an employee. Appellee, R. L. Lipsey, brought this action in the Circuit Court of Lowndes County against Lowndes Cooperative Association (AAL) (called “Cooperative”), a corporation, to recover the retirement *73payments alleged dne liim np to that time from the defendant. The jury found for plaintiff in the amount of $1,795.00.

Some of the facts are in dispute, but, in view of the jury’s verdict, we state the essential facts which the jury was warranted in finding. Lipsey worked for the…