Griese-Traylor Corp. v. Lemmons
Indiana Court of Appeals
1Opinion of the Court
STATEMENT OF THE CASE
NEAL, Presiding Judge.
Defendant Griese-Traylor Corporation (Griese-Traylor) appeals the judgment of the Gibson Circuit Court awarding plaintiffs Floyd and Margaret Lemmons $227,-059.88 in damages for breach of contract.
STATEMENT OF THE FACTS
On August 23, 1974, in Evansville, Indiana, Griese-Traylor entered into a contract to purchase the entire capital stock of Lem-mons and Company, Inc. (Lemmons and Company) from Floyd and Margaret Lem-mons, the president and secretary of the company. 1
Paragraphs 1.01 and 1.02 of the contract provided:
“Upon the terms and conditions…
2Cases cited50 opinions
- International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
- Mullane v. Central Hanover Bank & Trust Co.Supreme Court of the United States · 1950
- World-Wide Volkswagen Corp. v. WoodsonSupreme Court of the United States · 1980
- Hanson v. DencklaSupreme Court of the United States · 1958
- McGee v. International Life InsuranceSupreme Court of the United States · 1957
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