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STATE EX REL., JONES v. BURNETT

760 S.W.2d 629 (1988)

STATE of Tennessee, ex rel., JONES, et al., Plaintiffs-Appellants, v. Edgar L. BURNETT and Eagle Transit, Inc., Defendants-Appellees.

Supreme Court of Tennessee, at Nashville.

November 14, 1988.

Attorney(s) appearing for the Case

Kirk C. Waite, Brentwood, and Charles C. Morrow, Nashville, for plaintiffs-appellants.

P.V. Jackson, Nashville, for defendants-appellees.

OPINION

HARBISON, Chief Justice.

This action was instituted on January 5, 1982, for the purpose of dissolving a closely held corporation through the appointment of a receiver. The action was brought as a quo warranto suit pursuant to the provisions of T.C.A. § 29-35-101.1 It was admitted in the pleadings that the stock of the corporation was equally held by Ray Jones and...

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