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WHETSTONE v. HOSSFELD MFG. CO.

No. C9-89-1188.

457 N.W.2d 380 (1990)

Richard C. WHETSTONE, Petitioner, Appellant, v. HOSSFELD MANUFACTURING COMPANY, Respondent.

Supreme Court of Minnesota.

June 22, 1990.

Attorney(s) appearing for the Case

John R. Dorgan, Frommelt and Eide, Ltd., Minneapolis, for appellant.

Richard H. Darby, Darby, Delano & Price, Winona, for respondent.

Heard, considered and decided by the court en banc.

YETKA, Justice.

This case involves the question of whether certain amendments to the articles of incorporation and bylaws of a closely held corporation entitle a minority shareholder, under Minn.Stat. § 302A.471 (1988), to dissent from these changes and obtain payment for the fair value of the shareholder's shares. The trial court found in favor of the minority shareholder, but was reversed by the court of appeals...

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