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SENTRY ENTERPRISES v. CANAL WOOD CORP.

No. 884SC675.

380 S.E.2d 152 (1989)

SENTRY ENTERPRISES, INC., Plaintiff Appellant, v. CANAL WOOD CORPORATION OF LUMBERTON, K.T. Goodson, Jr. and Donnell Moseley, Defendants Appellees.

Court of Appeals of North Carolina.

June 20, 1989.

Attorney(s) appearing for the Case

Lanier & Fountain by Charles S. Lanier and Gordon E. Robinson, Jr., Jacksonville, for plaintiff appellant.

Marshall, Williams, Gorham & Brawley by Daniel Lee Brawley and John D. Martin, Wilmington, and Bailey & Raynor by G. Keith Fisher, Jacksonville, for defendants appellees.

COZORT, Judge.

Plaintiff, Sentry Enterprises, Inc., is a closely-held North Carolina corporation located in Onslow County. In 1984, the time material to this action, it had a total of three shareholders who also served as corporate officers: Daniel Furia, Secretary-Treasurer; Charles J. Scozzari, President; and Bernardo Navarro, Vice-President. Mr. Furia, who resided in New Jersey, exercised authority for Mr. Navarro, who lived in South America, through a power of...

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