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KOCH v. JAMES

No. 82A01-9212-CV-405.

616 N.E.2d 759 (1993)

Kenneth E. KOCH, Appellant-Respondent, v. Betty M. JAMES, Personal Representative of the Estates of Ralph J. Koch, Deceased, and Amelia E. Koch, Deceased, Appellee-Petitioner.

Court of Appeals of Indiana, First District.

Rehearing Denied August 23, 1993.

Attorney(s) appearing for the Case

Reed S. Schmitt, Frick, Powell Whinrey, Cravens & Schmitt, Evansville, for appellant-respondent.

Jack N. Vanstone, Evansville, for appellee Estate of Amelia E. Koch.

William H. Bender, Allyn, Givens & Bender, Poseyville, for appellee Estate of Ralph J. Koch.

BAKER, Judge.

We are confronted today with the question of whether the intent of two testators is executed by a judicial sale of securities ordered to satisfy the estates' obligations. This appeal consolidates two estate cases involving sales of stock in the same close corporation.1 The personal representative of the estates, Betty James, obtained a court order to sell the stock and is the appellee-petitioner. Kenneth Koch, the appellant...

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