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MOLEN v. KENNARD

Docket No. 5,014.

17 Mich. App. 453 (1969)

169 N.W.2d 662

VANDER MOLEN v. KENNARD

Michigan Court of Appeals.

Decided May 28, 1969.

Attorney(s) appearing for the Case

Miller, Johnson, Snell & Cummiskey (Stephen C. Bransdorfer and Peter A. Patterson, of counsel), for plaintiffs.

Roach, Twohey & Benson, for defendants George and Mary Kennard.

BEFORE: QUINN, P.J., and HOLBROOK and T.M. BURNS, JJ.

QUINN, P.J.

Plaintiffs filed this action for a declaratory judgment to establish title and ownership of stock in defendant corporations. January 2, 1953, M. Pearl Lindsay executed transfers of stock certificates issued by these corporations from her name to herself and George A. and Mary F. Kennard jointly. Mrs. Lindsay retained possession of the certificates during her lifetime and received all income therefrom. The Kennards paid nothing for the stock.

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