W. Joel Ingram, AIS, Inc. v. Brookins

FRANK, Acting Chief Judge.

Joel Ingram, Steven Ingram and AIS, Inc., challenge a final summary judgment entered in favor of Robert Brookins and Brookins Communications, Inc. We reverse.

Joel Ingram and Robert Brookins formed Advanced Information Systems, Inc. (AIS) for the purpose of marketing Sony business machines in Pinellas and Pasco Counties. In March of 1984, Brookins agreed to sell and transfer his interest in AIS to Ingram. Ingram paid Brookins $5,000, and tendered a promissory note in the amount of $45,000 for the balance of the purchase price. Execution of the note by Ingram and his…