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BEE BRANCH CATTLE CO. v. KOON

44 So.2d 684 (1949)

BEE BRANCH CATTLE CO. et al. v. KOON.

Supreme Court of Florida, en Banc.

On Rehearing December 21, 1949.

Rehearing Denied March 14, 1950.

Attorney(s) appearing for the Case

Mabry, Reaves, Carlton, Anderson, Fields & Ward, Tampa, for appellants.

Treadwell & Treadwell and E.D. Treadwell, Jr., Arcadia, for appellee.

CHAPMAN, Justice.

William Luther Koon, during the month of May, 1941, caused the Bee Branch Cattle Company to be organized and incorporated. The authorized capital stock was one hundred shares. The original incorporators were William Luther Koon, W.H. Jackson, T.M. Lykes and Thomas Alexander. Appearing in the Minutes of a meeting of its Board of Directors dated July 19, 1941, is a record to the effect that William Luther Koon had purchased at Master's sale certain...

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