Steel v. Eagle

The opinion of the court was delivered by

O’Connor, J.:

This is an action to recover damages for breach of an “Option Contract” entered into by die plaintiffs, who are former stockholders of the William Kelly Milling Company located in Hutchinson, and the defendant, C. E. Eagle. The district court rendered judgment in favor of plaintiffs, and defendant has appealed.

The factual background of the present controversy began May 7, 1968, when the parties entered into a written contract entitled “Option to Purchase.” Under the terms of that instrument defendant was granted the exclusive right to…