Simpers v. Clark

On August 21, 1963, the appellee, Bordman R. Clark, filed a bill of complaint in the Circuit Court for Kent County seeking the specific performance of an agreement which he alleged he had entered into with the appellant, Betty C. Simpers. After a hearing on the merits, Judge Rasin passed a decree ordering specific performance and Mrs. Simpers appealed.

The disputed agreement involved in this appeal grew out of an option agreement whereby Mr. Clark granted Mrs. Simpers the “exclusive right and option” to purchase all the shares of stock in the Kent Concrete Company, Inc., which he owned, as…