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FARR v. DESIGNER PHOSPHATE AND PREMIX INTERN., INC.

No. S-95-166.

570 N.W.2d 320 (1997)

253 Neb. 201

Sophia FARR et al., Appellants and Cross-Appellees, v. DESIGNER PHOSPHATE AND PREMIX INTERNATIONAL, INC., Appellee, and Farm Bureau Insurance Company of Nebraska, Garnishee-Appellee and Cross-Appellant.

Supreme Court of Nebraska.

October 17, 1997.

Attorney(s) appearing for the Case

Alan V. Johnson, of Sloan, Listrom, Eisenbarth, Sloan & Glassman, Topeka, KS, and Dale M. Shotkoski, of Shotkoski & Mellon, Central City, for appellants.

Gary J. Nedved, of Bruckner, O'Gara, Keating, Henry, Davis & Nedved, P.C., Lincoln, for appellee Farm Bureau Ins. Co.

WHITE, C.J., and CAPORALE, WRIGHT, CONNOLLY, and GERRARD, JJ., and FLOWERS, D.J., and BOSLAUGH, J., Retired.

GERRARD, Justice.

INTRODUCTION

The appellants, Sophia Farr and others who are all minority shareholders in the appellee Designer Phosphate and Premix International, Inc. (DPPI), sought to collect a stipulated judgment which had been entered against the judgment debtor, DPPI, in the U.S. District Court for the District of Nebraska regarding DPPI's sale of unregistered stock certificates. In the instant case, the appellants instituted a garnishment proceeding...

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