McCormick v. Rhoades

ARCHER, Chief Justice.

This is an appeal from a judgment in favor of appellee and against all of the appellants for $40,000.00.

Appellee sued the Executor of the Estate of Charles A. McCormick, herein referred to as Executor, the International Life Insurance Company, herein referred to as Insurance Company and the International Life Operating Company, herein referred to as Operating Company, on an alleged oral contract that on March 27, 1957 McCormick, since deceased, would within a year or eighteen months purchase or cause to he purchased from appellee Rhoades 10,000 shares of the Insurance…