Sheldon v. Colonial Carbon Co.

This is an appeal from a final order granting reformation of an employment contract to state that plaintiff was entitled to payment of $40,000 upon the death of Gilbert R. Sheldon (Sheldon) as well as upon his retirement. Defendant contends that the order is against the manifest weight of the evidence. Plaintiff cross-appeals from the denial of prejudgment interest.

On December 16, 1970, Sheldon entered into an employment contract with defendant which provided in relevant part:

“3. The term of such employment shall be for a term commencing January 1, 1970 and ending on Sheldon’s Normal…