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YOCHUM v. DAVIS

No. 13749.

653 P.2d 1215 (1982)

Merritt K. YOCHUM, individually, and merritt K. Yochum and Rose Marie Yochum, as the sole surviving directors of Tool Tote, Inc., a Nevada Corporation, and Merritt K. Yochum and Rose Marie Yochum, as the sole surviving officers of Tool Tote, Inc., a Nevada corporation, and Merritt K. Yochum, who did business as Carson Iron Works, Appellants, v. Janice Ann DAVIS, Respondent.

Supreme Court of Nevada.

November 30, 1982.

Attorney(s) appearing for the Case

David Horton, Carson City, for appellants.

Sheerin, O'Reilly, Walsh & Keele, and James M. O'Reilly, Gardnerville, and John P. Davis, Minden, for respondent.

OPINION

PER CURIAM:

Appellants Merritt K. Yochum and Rose Marie Yochum appeal from an order of the district court denying their motion to set aside a default judgment.

THE FACTS

Respondent Janice Ann Davis' late husband, Bob Railson, paid $5,000 in 1975 for approximately 100 shares of stock in Tool Tote, Inc. A "Buy-Sell Agreement" mandated repurchase by Tool Tote, Inc. of a stockholder's interest upon that stockholder's death, and provided...

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