WEATHERBY v. WEATHERBY LUMBER COMPANY

No. 10439.

492 P.2d 43 (1972)

94 Idaho 504

Ermal WEATHERBY and Chloe Weatherby Johnson, Plaintiffs, Respondents and Cross-Appellants, v. WEATHERBY LUMBER COMPANY, Inc., and William Weatherby, Defendants, Appellants and Cross-Respondents.

Supreme Court of Idaho.

January 6, 1972.


Attorney(s) appearing for the Case

Elam, Burke, Jeppesen, Evans & Boyd, Boise, for appellants.

Ambrose, Fitzgerald & Longeteig, Meridian, for respondent Ermal Weatherby.

Clemons, Skiles & Green, Boise, for respondent Chloe Weatherby Johnson.


McQUADE, Chief Justice.

The defendant, William Weatherby, originally entered into the lumber business in 1943 with his father. He and his father continued in business until 1946, at which time his father died. The business at that time was worth approximately $1,500 and the father and son each had 1/2 interest. The defendant son continued in the lumber business, and in 1953, the defendant incorporated the Weatherby Lumber Company and issued 177 shares to himself and...

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