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KEENELAND ASSOCIATION v. PESSIN

484 S.W.2d 849 (1972)

KEENELAND ASSOCIATION, Appellant, v. Arnold G. PESSIN, Appellee.

Court of Appeals of Kentucky.

Rehearing Denied October 6, 1972.

Attorney(s) appearing for the Case

Robert M. Odear, W. T. Bishop III, Stoll, Keenon & Park, Lexington, for appellant.

F. Selby Hurst, Lexington, for appellee.

GARDNER, Commissioner.

By summary judgment Keeneland Association was directed to register in Arnold G. Pessin's name twenty-five shares of capital stock of Keeneland Association. Keeneland appeals. We affirm.

Dr. Pessin purchased twenty-five shares of Keeneland stock from one W. T. Markey for five dollars ($5.00). The new ownership was properly authenticated but Keeneland refused to transfer the stock on the corporation books on the ground that Dr. Pessin...

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