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BLUE v. COASTAL CLUB, INC.

No. 86-1224.

524 So.2d 883 (1988)

Kenneth M. BLUE, et al., Plaintiffs-Appellees, v. COASTAL CLUB, INC. & Sheldon S. Blue, Defendant-Appellant.

Court of Appeal of Louisiana, Third Circuit.

Writ Denied March 25, 1988.

Attorney(s) appearing for the Case

James H. Thornton, Leonard L. Lockard, Shreveport, for plaintiffs-appellees.

Logan & Sallinger (William E. Logan, Jr.), Lafayette, Provosty, Sadler & Delaunay (Richard B. Sadler), Alexandria, for defendant-appellant.

Before LABORDE and KNOLL, JJ., and CULPEPPER, Judge, Pro Tem.

KNOLL, Judge.

In this action for declaratory judgment Sheldon S. Blue appeals the trial court's decision which held that he was not the sole owner of one share of stock in Coastal Club, Inc. (hereafter Coastal Club). The trial court ruled that Daniel D. Blue, Sheldon's father, did not donate the share of stock to him, that Sheldon held the stock for the benefit of himself and his siblings and that Sheldon's actions regarding this share for almost twenty years estopped...

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