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KOHN v. BIRMINGHAM REALTY CO.

SC 2256.

352 So.2d 834 (1977)

John P. KOHN, Jr. v. BIRMINGHAM REALTY CO., a Corp., et al.

Supreme Court of Alabama.

As Corrected On Denial of Rehearing December 16, 1977.

Attorney(s) appearing for the Case

James L. Shores, Jr., Birmingham, Truman Hobbs, Montgomery, for appellant.

William Bew White, Jr., Hobart A. McWhorter, Jr., Carolyn Burgess Featheringill, Birmingham, for appellees.

FAULKNER, Justice.

This is an appeal from a final decree declaring that defendants had not breached any fiduciary duty or violated any corporate laws in redeeming corporate stock. We affirm.

On August 27, 1976, John P. Kohn, Jr., a minority shareholder in the Birmingham Realty Co., filed suit in the Circuit Court of Jefferson County against the Company and the members of its Board of Directors, seeking the following...

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