C & C Electric Construction Co. v. Rogers

John I. Purtle, Justice.

Appellant purchased appellee’s stock in Spaulding Athletic Goods Company, Inc. and Spaulding Investment Company, Inc. As part of the sale agreement appellant entered into a non competition contract. Subsequently appellant brought suit in chancery court for rescission and damages on grounds that appellee had made material misrepresentations and omitted or concealed material facts and breached certain warranties in the purchase agreement. The chancellor found in favor of appellee on all allegations and dismissed the complaint with prejudice.

On appeal appellants argue…