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LUNDQUIST v. GULFSHORE TELEVISION CORPORATION

No. 75-365.

328 So.2d 202 (1976)

George Vernon LUNDQUIST, Jr., Appellant, v. GULFSHORE TELEVISION CORPORATION, Appellee.

District Court of Appeal of Florida, Second District.

As Modified on Denial of Rehearing March 26, 1976.

Attorney(s) appearing for the Case

Harvey B. Goldberg, Goldberg, Rubinstein & Buckley, Fort Myers, for appellant.

William A. Keyes, Jr., Stewart, Stewart & Jackson, Fort Myers, for appellee.

McNULTY, Chief Judge.

We decide this day the question of ownership of a majority of the stock in Gulfshore Television Corporation, the owner and operator under an F.C.C. license of station WEVU-TV in Naples, Florida.

Appellee corporation received its certificate of incorporation on February 28, 1972. Thereafter, on March 20, 1972, pursuant to a "STOCK SUBSCRIPTION AND LOAN AGREEMENT" entered into by all stockholders, appellant Lundquist, a broadcasting...

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