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C.S.B. CO. v. ISHAM

No. S-94-186.

541 N.W.2d 392 (1996)

249 Neb. 66

C.S.B. CO., a Nebraska corporation, Appellant, v. Eleanor Joy ISHAM and Robert W. Isham III, Copersonal Representatives of the Estate of Robert W. Isham, deceased, et al., Appellees.

Supreme Court of Nebraska.

January 5, 1996.

Attorney(s) appearing for the Case

Trev E. Peterson, of Knudsen, Berkheimer, Richardson & Endacott, Lincoln, for appellant.

Michael V. Smith, of Smith and King, P.C., Gordon, for appellees.

WHITE, C.J., and CAPORALE, FAHRNBRUCH, LANPHIER, WRIGHT, CONNOLLY, and GERRARD, JJ.

LANPHIER, Justice.

C.S.B. Co., the appellant, acquired ownership of the First National Bank of Chadron (Bank) by purchasing the stock of a holding company which owned nearly 100 percent of the Bank's stock. Robert W. Isham, Robert W. Isham III, Robert E. Connealy, and Steven Erwin, the appellees, are the sellers of the stock. The essence of this dispute is whether the terms of the contract governing the stock purchase and...

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