[Download] "Thacker Et Al. v. Butler" by Court of Appeals of Indiana " eBook PDF Kindle ePub Free

eBook details

Title: Thacker Et Al. v. Butler
Author : Court of Appeals of Indiana
Release Date : January 05, 1962
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 53 KB

Description

The Plaintiff-Appellants are stockholders in the Farmers State Bank, Lanesville, Indiana, and filed an amended complaint against the Defendants-Appellees who are stockholders and directors of Old Capital Bank and Trust Company, Corydon, Indiana. The amended complaint alleges that Defendants acquired more than 25 of the outstanding voting stock of said Farmers State Bank and the Defendant Wiseman later purchased all of said stock from the other Defendants. An injunction was sought requiring Defendant Wiseman to divest himself of said stock. Both parties filed Motions for Summary Judgment which were duly heard by the trial court. On March 3, 1970, the trial court entered summary judgment for Defendants-Appellees and stated reasons as follows: