SHANNON'S CO-EXECUTORS v. SHANNON SP. BED MFG. CO.


230 S.W.2d 457 (1950)

SHANNON'S CO-EXECUTORS v. SHANNON SPRING BED MFG. CO. SHANNON'S CO-EXECUTORS v. MARCUM et al.

Court of Appeals of Kentucky.

July 28, 1950.


Attorney(s) appearing for the Case

Duncan, Humphrey, Peabody, & Oldham, Richard C. Oldham, Andrew W. Duncan, all of Louisville, for appellants.

Woodward, Hobson, & Fulton, R. P. Hobson, John P. Sandidge, all of Louisville, for appellees.


VAN SANT, Commissioner.

The suit was instituted by the Shannon Spring Bed Manufacturing Company, Incorporated, to require appellants' decedent, Woodford Shannon, to surrender for redemption 85 shares of Preferred Debenture Stock and 231 shares of Preferred Stock of the Corporation. Mr. Shannon surrendered the Preferred and received therefor the full redemption value. He refused to surrender the 85 shares of Preferred Debentures. The case was referred to the Master...

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