BANKS v. BRYANT

84-959.

497 So.2d 460 (1986)

J.O. BANKS, et al. v. Paul W. BRYANT, Jr., et al.

Supreme Court of Alabama.

As Corrected on Denial of Rehearing November 7, 1986.


Attorney(s) appearing for the Case

Frank M. Bainbridge and Bruce F. Rogers of Porterfield, Scholl, Bainbridge, Mims & Harper, Birmingham, for appellants.

James J. Jenkins of Phelps, Owens, Jenkins, Gibson & Fowler, Tuscaloosa, for appellees.


PER CURIAM.

This case involves a dispute between the minority and majority stockholders of Greene Group, a corporate holding company that controls, among other things, the Greene County greyhound racing track known as "Greenetrack." The dispute arose over the manner in which the majority stockholders, who are also corporate officers-directors, obtained a contract to manage a newly formed greyhound racing track in Macon County for themselves as individuals rather than...

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