SAMPSON v. HUNT

No. 48,166

222 Kan. 268 (1977)

564 P.2d 489

SHERMAN H. SAMPSON, LaFAYE SAMPSON, WESTON SAMPSON and KAREN SAMPSON WARD, Appellees, v. JACK R. HUNT and BONANZA, INC., a Kansas Corporation, Appellant.

Supreme Court of Kansas.

Opinion filed May 14, 1977.


Attorney(s) appearing for the Case

David J. Wood, of Dresie, Jorgensen and Wood, of Wichita, argued the cause, and Grey Dresie, of the same firm, was with him on the brief for the appellant.

Eugene G. Coombs, of Coombs, Lambdin, Kluge and Kennedy, of Wichita, argued the cause, and Donald E. Lambdin and Douglas J. Moshier, of the same firm, were with him on the brief for the appellees.


The opinion of the court was delivered by

PRAGER, J.:

This is an action brought by stockholders against the president-managing officer of a corporation to rescind a sale of corporate stock or in the alternative to recover damages. The plaintiffs-appellees are Sherman H. Sampson, LaFaye Sampson, his wife, and their two children, Weston Sampson and Karen Sampson Ward. They collectively owned 50% of the stock in Bonanza, Inc. The defendant-appellant is Jack R...

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