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BUCHEN v. WISCONSIN TOBACCO CO.

Nos. 431, 432.

59 Wis.2d 461 (1973)

208 N.W.2d 373

BUCHEN, Appellant, v. WISCONSIN TOBACCO COMPANY, INC., and others, Respondents. BUCHEN and another, Appellants, v. PERLE and another, Respondents.

Supreme Court of Wisconsin.

Decided June 29, 1973.

Attorney(s) appearing for the Case

For the appellant in Case No. 431 there was a brief by E. H. Snyder of Milwaukee; for the appellants in Case No. 432 there was a brief by E. H. Snyder of Milwaukee; and oral argument for appellants in both cases by Mr. Snyder.

For the respondents there was a brief by Aberg, Bell, Blake & Metzner of Madison, and oral argument by Carroll E. Metzner.

CONNOR T. HANSEN, J.

On or about July 18, 1967, Scotten, Dillon acquired from Ralph R. Power and James E. Buchen all the outstanding voting common stock of Wisconsin Tobacco. At the time of sale, Power was the president, chief executive officer and director of Wisconsin Tobacco; Buchen was vice-president, chief operating officer and director; and Lynn E. Tryggestad was the plant and warehouse manager. Power, Buchen and Tryggestad...

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