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BROWN v. GOLDSMITH

No. 41656.

437 P.2d 247 (1968)

Raymond BROWN, Plaintiff in Error, v. R.R. GOLDSMITH and Roland E. Goldsmith, Defendants in Error.

Supreme Court of Oklahoma.

January 23, 1968.

Attorney(s) appearing for the Case

Funston Flanagan, Walters, for plaintiff in error.

O.L. Peck, Jr., DeBois & Peck, Duncan, for defendants in error.

HODGES, Justice.

This appeal involves an action for declaratory judgment seeking an adjudication on the proportion of contribution between coguarantors.

On May 1, 1964, a certificate of incorporation was issued to the R & R Commission Company, Inc. The plaintiffs each own a one-fourth of the outstanding and authorized shares of the corporation, and the remaining one-half stock is owned by the defendant.

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