MILLER v. LAKE ARTHUR RECLAMATION CO.

No. 88-1239.

558 So.2d 333 (1990)

Pierre Valcour MILLER, Plaintiff-Appellant, v. LAKE ARTHUR RECLAMATION CO., LTD., et al., Defendants-Appellees.

Court of Appeal of Louisiana, Third Circuit.

Writ Denied May 18, 1990.


Attorney(s) appearing for the Case

Baggett, McCall, Roger G. Burgess, Lake Charles, Gerald Stewart, New Orleans, for plaintiff-appellant.

Scofield, Gerard, John B. Scofield, Patrick D. Gallaugher, Jr., Tynes, Fraser & Roach, David Fraser, Lake Charles, for defendants-appellees.

Before FORET, STOKER and KING, JJ.


KING, Judge.

The issue presented by this appeal is whether a transfer of corporate stock between shareholders is valid.

On November 21, 1979, Mrs. Martin O. Miller (hereinafter Mrs. Miller) sold 324 shares of stock owned by her in Lake Arthur Reclamation Co., Ltd. (hereinafter LARCO) to her son, M.O. Miller, II (hereinafter M.O. Miller). M.O. Miller held the stock certificate representing the shares until March 5, 1982 when he wrote to LARCO requesting that...

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