Rogers Walla Walla, Inc. v. Ballard

Defendants Charles H. and Eileen M. Ballard, husband and wife, appeal from a decree of specific performance of a “stock buy-out” agreement requiring them to sell the plaintiff, Rogers Walla Walla, Inc. (Rogers), 2,400 shares of its stock for the stated sum of $10,000. The decree is challenged as improper against Eileen M. Ballard individually because she had not signed the buy out agreement and the stock ownership was subsequently alleged to have been converted to joint tenancy. The appeal also challenges the availability of specific performance as a remedy. These challenges raise three…