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ARNAUD v. STOCKGROWERS STATE BANK OF ASHLAND

No. 82,909.

268 Kan. 163 (1999)

992 P.2d 216

KATHERINE B. ARNAUD, ANNE M. ARNAUD, DONALD M. ARNAUD, JR., and CLAY BERRYMAN ARNAUD, Plaintiffs, v. STOCKGROWERS STATE BANK OF ASHLAND, KANSAS, and STOCKGROWERS BANC CORP., Defendants.

Supreme Court of Kansas.

Opinion filed November 5, 1999.

Attorney(s) appearing for the Case

James D. Oliver, of Foulston & Siefkin L.L.P., of Topeka, argued the cause, and Benjamin C. Langel and Jay F. Fowler, of the same firm, of Wichita, were with him on the briefs for the plaintiffs.

Max Eugene Estes, of Max Eugene Estes, P.A., of Dodge City, argued the cause, and Michael G. Quinn, of Wichita, was with him on the brief for the defendants.

Charles N. Henson, of Wright, Henson, Somers, Sebelius, Clark & Baker, LLP, of Topeka, was on the brief for amicus curiae The Kansas Bankers Association.

The opinion of the court was delivered by

ABBOTT, J.:

This case is before the court on a question certified by the United States District Court for the District of Kansas pursuant to the Uniform Certification of Questions of Law Act, K.S.A. 60-3201 et seq.

The plaintiffs were minority shareholders in the Stockgrowers State Bank of Ashland, Kansas (Bank). The majority shareholders formed the Stockgrowers...

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