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C & C ELEC. CONST. CO. v. ROGERS

No. 83-253.

663 S.W.2d 707 (1984)

281 Ark. 178

C & C ELECTRIC CONSTRUCTION COMPANY, INC. and Spaulding Athletic Goods Company, Inc., Appellants, v. Lee Otis ROGERS, Appellee.

Supreme Court of Arkansas.

As Amended on Denial of Rehearing February 21, 1984.

Attorney(s) appearing for the Case

Davidson, Horne, Hollingsworth, Arnold & Grobmyer, P.A., Little Rock, for appellant.

Hoover, Jacobs & Storey, Little Rock, for appellee.

PURTLE, Justice.

Appellant purchased appellee's stock in Spaulding Athletic Goods Company, Inc. and Spaulding Investment Company, Inc. As part of the sale agreement appellant entered into a non competition contract. Subsequently appellant brought suit in chancery court for rescission and damages on grounds that appellee had made material misrepresentations and omitted or concealed material facts and breached certain warranties...

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