GARBE v. EXCEL MOLD, INC.

No. 1-878-A-221.

397 N.E.2d 296 (1979)

Charles J. GARBE, Ralph Holloway, Appellants (Plaintiffs below), v. EXCEL MOLD, INC., Moldcraft Tools, Inc., and Harold B. Bruhn, Appellees (Defendants below).

Court of Appeals of Indiana, First District.

December 5, 1979.


Attorney(s) appearing for the Case

Clifford G. Antcliff, Antcliff & Brown, Greenwood, for appellants.

Mark A. Pope, Ben J. Weaver, Johnson & Weaver, Indianapolis, for appellees.


ROBERTSON, Judge.

This action is a suit by two minority shareholders, Charles J. Garbe (Garbe) and Ralph Holloway (Holloway) against the promoter and majority shareholder of the Excel Mold, Inc. (Excel) corporation, Harold B. Bruhn (Bruhn), and against the corporation itself to set aside a stock transfer between Bruhn and Excel. The trial court, without the intervention of a jury, ruled in favor of the defendants. We affirm.

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