In Re Arbitration of Salter v. Farner

SMITH, Judge.

David Salter appeals the court’s refusal to vacate an arbitration award granted the Farners. We affirm.

In 1975, Salter purchased the stock in Rocky Mountain Sales and Services, Inc., from the Farners and Younger (the Far-ners), signing a promissory note for the balance of the sales price. When Salter defaulted on the note, the Farners brought suit. Salter answered and filed a separate *414suit alleging misrepresentation and breach of contract in connection with the sale of the business. The two actions were consolidated by agreement of the parties, and the case was set for trial.…