C & S LAND &c. CORP. v. YARBROUGH

58914, 59211.

153 Ga. App. 644 (1980)

266 S.E.2d 508

C & S LAND, TRANSPORTATION & DEVELOPMENT CORPORATION et al. v. YARBROUGH et al.; and vice versa.

Court of Appeals of Georgia.

Decided February 13, 1980.

Rehearing Denied February 28, 1980.


Attorney(s) appearing for the Case

Arthus P. Tranakos, Laurin M. McSwain, George A. Ohanlon, for appellants.

George N. Sparrow, Jr., for appellees.


BIRDSONG, Judge.

This rather convoluted case involves a dispute between 28 minority stockholders and the parent corporation, as well as an incidental dispute between one of the ex-officers of the corporation and the same stockholders.

On September 23, 1973, the appellees in Case No. 58914 (Yarbrough et al.), as minority stockholders brought a derivative action against C & S Land, Transportation and Development Corp. (C & S), its predecessor corporations...

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