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JOY ENTERPRISES, INC. v. REPPEL

No. 11685.

112 Ariz. 42 (1975)

537 P.2d 591

JOY ENTERPRISES, INC., an Arizona Corporation, Appellant, v. Robert L. REPPEL and Jane Doe Reppel, his wife, Kurion Tom Tracy and Jane Doe Tracy, his wife, Reppel Steel & Supply Co., Inc., an Arizona Corporation, Appellees.

Supreme Court of Arizona, In Division.

Rehearing Denied September 16, 1975.

Attorney(s) appearing for the Case

Streich, Lang, Weeks, Cardon & French by Dan M. Durrant, Ronald Jay Cohen, Robert E.B. Allen, Phoenix, for appellant.

Powers, Boutell, Fannin & Kurn by James Powers, Phoenix, for appellees.

LOCKWOOD, Justice:

Appellant, hereinafter called lessee, filed this action in the Superior Court seeking specific performance under an alleged lease, or in the alternative damages for breach thereof. The Superior Court directed a verdict in favor of appellees-lessors on what we understand to be the following facts.

The lessors entered into an agreement to sell the lessee the capital stock of Joy Enterprises, Inc. Joy Enterprises, Inc. was a corporation engaged...

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