Jones v. Styles

STAKELY, Justice.

This is an appeal from a decree of the ■equity court overruling a demurrer to a bill in equity filed by Sidney R. Styles (appellee against Harmon H. Jones (appellant). The bill seeks specific performance of an ■option to repurchase an interest in an insurance agency.

The allegations of the bill show in substance the following. For sometime prior to the 6th day of May, 1957, the appellant .and appellee were engaged as partners in the business of “general insurance” under the firm name of Cullman Insurance Agency. This partnership was terminable at the will of either party. On…