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BJORK v. APRIL INDUSTRIES, INC.

No. 14143.

547 P.2d 219 (1976)

Harold O. BJORK et al., Plaintiffs and Appellants, v. APRIL INDUSTRIES, INC., a Delaware Corporation, Defendant and Respondent.

Supreme Court of Utah.

March 12, 1976.

Attorney(s) appearing for the Case

John W. Lowe of Brayton, Lowe & Hurley, Salt Lake City, for plaintiffs and appellants.

Kenneth W. Yeates, of Prince, Yeates, Ward & Geldzahler, Salt Lake City for defendant and respondent.

GOULD, District Judge:

This case is related to Lowe v. April Industries, Inc., 531 P.2d 1297 (Utah 1974). The plaintiffs here were directors of the former Alta-Helena M & M Corporation which later became April Industries, Inc. The plaintiffs herein and Lowe in the related case were all issued restricted stock in the corporation for services rendered. At the time of the change in ownership of the corporation, the defendant...

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