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BELL ATLANTIC TRICON LEASING CORP. v. DRR, INC.

No. 9310DC495.

443 S.E.2d 374 (1994)

114 N.C. App. 771

BELL ATLANTIC TRICON LEASING CORPORATION, Plaintiff, v. DRR, INC. d/b/a Carolina Fleet Service and Maylon H. Fowler, Inc., Defendants.

Court of Appeals of North Carolina.

May 17, 1994.

Attorney(s) appearing for the Case

Smith Debnam Hibbert & Pahl, by Bettie Kelley Sousa and Byron L. Saintsing, Raleigh, for plaintiff-appellee.

Manning, Fulton & Skinner, P.A., by Howard E. Manning, Michael T. Medford and Alison R. Cayton, Raleigh for defendant-appellant Maylon H. Fowler, Inc.

JOHNSON, Judge.

Defendant corporation Maylon H. Fowler, Inc., (hereinafter, MHF), is a closely held corporation involved in the business of hauling sand, stone, and other similar materials. Christine M. Fowler is the primary stockholder and owns 236 of the 248 shares. Additionally, Mrs. Fowler is Chairperson of MHF's Board of Directors and was President of MHF until February 1990. The remainder of corporate ownership and control is vested in Mrs. Fowler's sons, Dennis...

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