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WOOLF v. UNIVERSAL FIDELITY LIFE INS.

No. 77935.

849 P.2d 1093 (1992)

Patty Barnes WOOLF, An Individual, and J.B. Richards Securities Corporation, Appellants, v. UNIVERSAL FIDELITY LIFE INSURANCE COMPANY, A Corporation, Appellee.

Court of Appeals of Oklahoma, Division No. 1.

Rehearing Denied November 24, 1992.

Certiorari Denied March 24, 1993.

Attorney(s) appearing for the Case

Charles N. Berry, Jr., Oklahoma City, for appellants.

Michael M. Stewart, Wesley C. Fredenburg, Todd Taylor, Oklahoma City, for appellee.

Released for Publication by Order of the Court of Appeals of Oklahoma, Division No. 1.

MEMORANDUM OPINION

GARRETT, Judge:

Universal Fidelity Life Insurance Company (Universal) is an insurance company with its offices in Duncan, Oklahoma. Universal began to issue stock in 1955. At the annual shareholders' meeting in 1989, the Board of Directors of Universal proposed an amendment to its Certificate...

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