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HAJMM CO. v. HOUSE OF RAEFORD FARMS, INC.

No. 8816SC574.

379 S.E.2d 868 (1989)

The HAJMM COMPANY, Plaintiff, v. HOUSE OF RAEFORD FARMS, INC.; E. Marvin Johnson, Defendants.

Court of Appeals of North Carolina.

June 6, 1989.

Attorney(s) appearing for the Case

Petree Stockton & Robinson by G. Gray Wilson and R. Rand Tucker, Winston-Salem, for defendants-appellants, cross-appellees.

Adams, McCullough & Beard by William H. McCullough, Charles C. Meeker and John J. Butler, Raleigh, for plaintiff-appellee, cross-appellant.

COZORT, Judge.

Plaintiff sued defendants House of Raeford Farms, Inc. (Raeford), and E. Marvin Johnson for their refusal to retire a revolving fund certificate issued to plaintiff by Raeford in exchange for stock plaintiff sold to Raeford. Plaintiff asserted claims of relief alleging that defendants: (1) violated Raeford's by-laws by refusing to retire plaintiff's certificate after retiring other certificates in the same series as plaintiff's; (2) breached a fiduciary...

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