Covey v. Covey's Little America, Inc.

In a single action, but by separate counts, the three plaintiffs sought to enforce their respective stock “Buy and Sell” agreements with defendants’ decedent and to compel the defendant-executors to convey and transfer to plaintiffs respectively the stock of its own corporation, owned by the deceased at his death. Appellants say the pleadings developed the following issues:

1. Did the agreements of Covey’s Little America and Covey Distributing Corporation create options which required the executors to sell decedent’s stock to those corporations, respectively ?

2. Did the circumstances…