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FIRST NAT. BANK, ETC. v. TITUSVILLE ANS. SERV., INC.

No. 76-2554.

359 So.2d 553 (1978)

FIRST NATIONAL BANK OF POMPANO BEACH, Appellant, v. TITUSVILLE ANSWERING SERVICE, INC., a Florida Corporation, and George P. Atkins and Karen A. Atkins, His Wife, Appellees.

District Court of Appeal of Florida, Fourth District.

June 7, 1978.

Attorney(s) appearing for the Case

Fred D. Leone, Cocoa, for appellant.

Kenneth A. Studstill of Studstill & Kutsche, P.A., Titusville, for appellees.

DOWNEY, Chief Judge.

Mr. and Mrs. Molitor and Mr. and Mrs. Atkins formed a corporation, Titusville Answering Service, Inc., the corporate stock of which was equally divided between them. The parties entered into a Stockholders Agreement "to set forth their understanding and agreement as between them and said Corporation". In pertinent part the Stockholders Agreement provided that the authorized stock of the corporation was 500 shares. With reference to the sale and...

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