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CASTONGUAY v. CASTONGUAY

No. 51719.

306 N.W.2d 143 (1981)

In re Marriage of Marilyn J. CASTONGUAY, Petitioner, Respondent, v. Paul R. CASTONGUAY, et al, Appellants.

Supreme Court of Minnesota.

June 5, 1981.

Attorney(s) appearing for the Case

Meyer, Nelson & Miller, Robert J. Miller and Roger N. Eye, Robbinsdale, for appellants.

Henson & Efron and Alan C. Eidsness, Minneapolis, for petitioner, respondent.

Heard, considered and decided by the court en banc.

SIMONETT, Justice.

In this marriage dissolution proceeding the trial court ordered that half the husband's shares in a closely held corporation be transferred to his wife, notwithstanding a provision in the corporate articles prohibiting stock transfers without first offering the shares to the corporation and the other stockholders at book value. The respondent husband appeals this ruling. He also appeals the trial court's valuation of his shares of stock in a second...

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