Dixie Bearings, Inc. v. Walker

Almand, Justice.

Dixie Bearings, Incorporated, as plaintiff, brought its action against Claude C. Walker, as defendant, alleging that the plaintiff is a wholly-owned subsidiaiy of Bearings, Inc., with whom the defendant on June 7, 1961, had signed an agreement for his continued employment by Bearings, Inc., and/or any of its subsidiaries by which the defendant covenanted “that he would not, for one year following the date of termination of his employment with Bearings, Inc., and/or any of its subsidiaries, engage in or become associated with any business competitive to Bearings, Inc., and its…