George v. W-G Fertilizer

The opinion of the court was delivered by This action was initiated by the plaintiffs, Kenneth George and
members of his family, against the defendants, W-G Fertilizer,
Inc. and W. Rex Woods, to determine ownership of 222 shares of
stock in the corporation. After trial to a jury, which returned
special verdicts generally in favor of plaintiffs, the trial
court entered judgment in effect reinstating plaintiffs as owners
of the corporation stock upon repayment by them of $5,200
received from Woods as down payment for the stock. Both sides
have appealed. For a proper understanding of the issues raised, the facts
surrounding this controversy must be recited in some detail.