Harrell v. Dove Manufacturing Co.

This is an appeal by a corporation entitled Dove Manufacturing Company from a judgment of the circuit court entered upon an arbitration award in favor of one Harry E. Harrell. During the proceedings the appellant Dove Manufacturing Company was referred to as “the respondent” and Harrell as “the petitioner.” For purposes of our consideration of the issues before us, we adopt those designations of the parties.

By a contract dated January 28, 1961, petitioner (Harrell) agreed'to sell and respondent (Dove) agreed to buy more than fifty per cent of the common stock of the Imperial Manufacturing…