Textile Products, Inc. v. Fitts Cotton Goods, Inc.

Evans, Judge.

Textile Products, Inc., sued Fitts Cotton Goods, Inc. for a brokerage fee. Plaintiff alleged it acted under an oral contract, which was later reduced to writing, whereby plaintiff was to help defendant to purchase at least 51% of outstanding shares of stock in the Mary-Leila Cotton Mills, Inc. The record is quite confusing in many respects. One of the things Textile Products agreed to under the contract is that it would not sell or attempt to sell any of the shares of stock in said Mary Leila Cotton Mills, Inc., prior to March 31, 1970, although it is not shown that plaintiff…