TONER v. BALTIMORE ENVELOPE CO.

Misc. No. 9, September Term, 1984.

304 Md. 256 (1985)

498 A.2d 642

MARY P. TONER v. THE BALTIMORE ENVELOPE COMPANY, ET AL.

Court of Appeals of Maryland.

October 10, 1985.


Attorney(s) appearing for the Case

Craig B. Merkle and Sidney G. Leech, Baltimore (Cleaveland D. Miller and Semmes, Bowen & Semmes, Baltimore, on brief), for appellant.

Rob Ross Hendrickson, Baltimore (Boyd, Benson & Hendrickson, Baltimore, on brief), for appellees.

Argued before MURPHY, C.J., and SMITH, ELDRIDGE, COLE, RODOWSKY and McAULIFFE, JJ., and CHARLES E. ORTH, Jr., Associate Judge of the Court of Appeals of Maryland (retired), Specially Assigned.


RODOWSKY, Judge.

Appellant, Mary P. Toner (Toner), is a nonvoting shareholder with a minority ownership in a closely held corporation. She complains of the corporation's having bought the nonvoting stock of some of the other shareholders without having bought her nonvoting stock. Appellant asserts that, solely because the corporation made those purchases, it became obliged to purchase all of her nonvoting stock at the same price. We shall decline, for reasons hereinafter...

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