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HONN v. COIN & STAMP GALLERY, INC.

No. C7-86-1515.

407 N.W.2d 419 (1987)

Galen B. HONN, Respondent, v. COIN & STAMP GALLERY, INC., Appellant.

Court of Appeals of Minnesota.

Review Denied August 12, 1987.

Attorney(s) appearing for the Case

Robert J. Hennessey, Jonathon G. Lande, Larkin, Hoffman, Daly & Lindgren, Ltd., Minneapolis, for respondent.

Benjamin M. Kail, St. Paul, for appellant.

Heard, considered, and decided by NIERENGARTEN, P.J., and PARKER and FOLEY, JJ.

OPINION

FOLEY, Judge.

Respondent Galen B. Honn commenced this action against appellant Coin & Stamp Gallery, Inc. to recover on two notes. This appeal is from an order denying the corporation's motion for a new trial. We reverse and remand.

FACTS

Coin & Stamp was incorporated in the spring of 1983 by Honn and by Harold B. Kail for the purpose of selling rare coins and stamps. Honn and Kail were the sole shareholders, with Kail serving...

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