Severson v. Elberon Elevator, Inc.

McCORMICK, Justice.

The trial court sustained plaintiff’s petition for specific performance of an oral contract to purchase the physical assets of defendant’s grain elevator. The main question on appeal is the sufficiency of evidence to support the court’s decree. We affirm the trial court.

Plaintiff Eugene Severson was at all material times general manager and part owner of Froning Grain Company, a corporation which owned and operated several Iowa country grain elevators. Defendant Elber-ori Elevator, Inc., was at all material times owner and operator of a country elevator at Elberon in Tama…