Supplies for Industry, Inc. v. Christensen

OPINION

HATHAWAY, Judge.

This appeal is from the granting of a preliminary injunction ordering the appellant, Larry Christensen, not to compete with the appellee, Supplies for Industry, Inc. Christensen founded the company known as Supplies for Industry, Inc., (hereinafter SFI) in 1959. The primary business conducted by SFI was the sale of equipment and supplies to mining and construction industries. In 1970, Christensen sold his SFI stock to IMC Magnetics Corp. (hereinafter IMC) and entered an employment agreement with IMC under which he was to act as president and general manager of SFI. The…