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DEWING v. WESTERN SMELTING & METALS, INC.

92P-1135; CA A81401.

898 P.2d 224 (1995)

135 Or.App. 397

Jackolyn L. DEWING, Personal Representative of the Estate of Verle H. Will, Deceased, Respondent—Cross-Appellant, v. WESTERN SMELTING & METALS, INC., an Oregon corporation, Appellant—Cross-Respondent.

Court of Appeals of Oregon.

Decided July 5, 1995.

Attorney(s) appearing for the Case

Jeffrey P. Chicoine, Portland, argued the cause for appellant—cross-respondent. With him on the briefs were Richard S. Pope and Newcomb, Sabin, Schwartz & Landsverk.

Joseph C. Guimond, Salem, and Scott Mc-Arthur, Monmouth, argued the cause for respondent—cross-appellant. With them on the brief was Enfield, Guimond & Brown, Salem.

Before LANDAU, P.J., and LEESON, J., and BUTTLER, Senior Judge.

BUTTLER, Senior Judge.

Plaintiff is the personal representative of the estate of her deceased father. Decedent and his two brothers were equal shareholders in defendant corporation, a family-owned scrap metal business in Dallas. The three shareholders had entered into a stock redemption agreement that required the corporation to purchase the shares of a deceased shareholder at their fair value, to be determined by agreement between the personal representative of the...

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