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STANCIL v. STANCIL

No. 887SC975.

380 S.E.2d 424 (1989)

Bruce STANCIL, Plaintiff, v. Howard STANCIL, Defendant.

Court of Appeals of North Carolina.

June 20, 1989.

Attorney(s) appearing for the Case

Lee, Reece & Weaver by W. Earl Taylor, Jr. and Cyrus F. Lee, and Lane & Boyette by Wiley L. Lane, Jr., Wilson, for plaintiff.

Narron, Holdford, Babb, Harrison & Rhodes, P.A. by William H. Holdford, Wilson, for defendant.

JOHNSON, Judge.

The evidence contained in the record on appeal of this matter tends to show the following. Plaintiff, Bruce Stancil, and his brother, defendant Howard Stancil, each own fifty percent of the 25,000 shares of stock of Bruce Stancil Refrigeration, Inc., a North Carolina close corporation. Bruce Stancil started the business in the 1960's and incorporated it in 1973. In 1980, defendant Howard Stancil became associated

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