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KBM, INC. v. MacKICHAN

Civ. No. 11070.

386 N.W.2d 914 (1986)

KBM, INC., a corporation, Plaintiff and Appellee, v. Alan K. MacKICHAN, Defendant and Appellant.

Supreme Court of North Dakota.

May 13, 1986.

Attorney(s) appearing for the Case

Vaaler, Gillig, Warcup, Woutat, Zimney & Foster, Grand Forks, for plaintiff and appellee; argued by Carol E. Harrang.

Bruce E. Bohlman, Grand Forks, for defendant and appellant.

MESCHKE, Justice.

Alan MacKichan appeals from a judgment ordering him to sell all shares of his stock in KBM, Inc. (KBM) to that corporation for the sum of $100.28 per share. We affirm in part, reverse in part, and remand for further proceedings to determine the proper purchase price for MacKichan's stock.

KBM is an engineering and architectural firm located in Grand Forks. MacKichan became associated with KBM in 1962, and when the business was incorporated...

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