SALISBURY v. LOWE

No. 93-722.

140 N.H. 82 (1995)

GERALD R. SALISBURY v. PAUL G. LOWE AND ABSOLUTE TECHNOLOGY, INC.

Supreme Court of New Hampshire.

August 1, 1995.


Attorney(s) appearing for the Case

Law Office of Donald A. Kennedy, of Manchester (Donald A. Kennedy on the brief and orally), for the plaintiff.

Duffy and Laufer, of Manchester (Peter J. Duffy on the brief and orally), for defendant Paul G. Lowe.


MEMORANDUM OPINION

BROCK, C.J.

Defendant Paul G. Lowe appeals the decision of the Superior Court (Hampsey, J.) imposing a constructive trust over sixty-three shares of stock in a closely-held corporation. We affirm.

The following facts are uncontroverted. The plaintiff, Gerald R. Salisbury, formed defendant Absolute Technology, Inc. (ATI), in 1988. For several years, he and his wife, Elaine Salisbury, supported themselves with their earnings...

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