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KOLLBAUM v. K & K CHEVROLET, INC.

No. 40409.

244 N.W.2d 173 (1976)

196 Neb. 555

Royce KOLLBAUM et al., Appellants, v. K & K CHEVROLET, INC., a corporation and Marvin M. Engel, Appellees.

Supreme Court of Nebraska.

July 21, 1976.

Attorney(s) appearing for the Case

Norris G. Leamer, South Sioux City, for appellants.

Smith, Smith & Boyd, Don A. Fitch, South Sioux City, for appellees.

Heard before WHITE, C.J., and SPENCER, BOSLAUGH, McCOWN, NEWTON, CLINTON and BRODKEY, JJ.

WHITE, Chief Justice.

The appellants, minority shareholders in the defendant corporation, originally brought this action to dissolve K & K Chevrolet, Inc. (hereinafter referred to as K & K, Inc.), and liquidate its assets. The defendants, K & K, Inc., and Marvin M. Engel, the majority shareholder of K & K, Inc., cross-petitioned to have the appellants execute a deed to certain realty to K & K, Inc., before the corporation was dissolved. By agreement...

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