Thomas W. Fulton v. H. L. Callahan

ALMON, JUSTICE. The individual defendants, majority shareholders and directors of The Finch Companies, Inc. ("the corporation"), appeal from
a judgment awarding the plaintiff, H. L. "Sonny" Callahan, a minority shareholder and director, $3,927,500 in compensatory
and punitive damages and appointing a receiver and a new board of directors. The defendants were the corporation and the appellants
Thomas W. Fulton, Daniel R. Fulton, Samuel C. Fulton, and Elizabeth J. ("Betty Jo") Fulton. Betty Jo is the daughter of Thomas
W. Finch, founder of the warehousing and transfer business that became The Finch Companies, Inc., in 1985. She is the wife
of Samuel C. Fulton; Thomas W. Fulton and Daniel R. Fulton are their two sons. Sonny Callahan and Betty Jo Fulton are first
cousins.