LEE v. GREEN

1911710.

613 So.2d 1257 (1993)

Annie M. LEE and the Frances F. Green Corporation v. George E. GREEN.

Supreme Court of Alabama.

February 19, 1993.


Attorney(s) appearing for the Case

Rhonda Nunn, Birmingham, for appellants.

George B. Azar of Azar & Azar, Montgomery, for appellee.


SHORES, Justice.

This case involves a stockholders' dispute within a family-owned corporation. The trial court upheld a stipulation of settlement made in open court by counsel for the parties. The plaintiffs appeal. We affirm.

The Frances F. Green Corporation is a close corporation formed in Montgomery, Alabama, on December 31, 1973, by nine stockholders, who are brothers and sisters, for the purpose of managing jointly held property. On December 1, 1987,...

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