GUARANTY CORP. v. GAMBLE

No. 91-CA-2193.

608 So.2d 214 (1992)

GUARANTY CORPORATION v. Harry GAMBLE, Jr.

Court of Appeal of Louisiana, Fourth Circuit.

Rehearing Denied December 16, 1992.


Attorney(s) appearing for the Case

Donald M. Meltzer, Schaneville & Baringer, New Orleans, for plaintiff/appellant.

Cameron C. Gamble, New Orleans, for defendant/appellee.

Before BARRY, BYRNES and JONES, JJ.


BARRY, Judge.

Guaranty Corporation appeals the decision which sustains Harry Gamble, Jr.'s exception of no cause of action and dismisses Guaranty's lawsuit. We affirm.

On March 29, 1988 Gamble, as chairman and voting trustee of a voting trust, entered into a Stock Sale Restriction Agreement with Tweedy, Browne & Knapp ("TBK"), a Guaranty stockholder. The two parties agreed not to sell any of their Guaranty stock unless the offer by which one party agreed...

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