[Download] "H. Jason Wilson Wallace J. Wilson and" by Supreme Court of Alabama ~ Book PDF Kindle ePub Free

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Title: H. Jason Wilson Wallace J. Wilson and
Author : Supreme Court of Alabama
Release Date : January 03, 1986
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 60 KB

Description

HOUSTON, JUSTICE. This is an action by H. Jason Wilson, Wallace J. Wilson, and Hazen Air Conditioning, Inc. (hereinafter the corporation), against Darren Douglas Brown arising out of the sale of Brown's capital stock in the corporation to the Wilsons. The Wilsons sought to recover the amount they had paid to Brown for his stock in the corporation, on the grounds of false representations and suppression of material facts. The Wilsons had given Brown a mortgage and security agreement to secure the purchase price for Brown's stock, and the Wilsons sought to have these rescinded because of the alleged misrepresentations. Brown filed a counterclaim against the Wilsons seeking to recover on a promissory note executed to the order of Brown by the Wilsons. The trial court granted Brown's motion for summary judgment as to the Wilsons' claims against Brown and as to Brown's counterclaim against the Wilsons and the corporation. The Wilsons and the corporation appeal.