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IHRIG v. FRONTIER EQUITY EXCHANGE ASS'N

No. 94,192

35 Kan.App. 2d 123 (2006)

CHARLES IHRIG, GRACE IHRIG, AND CIRCLE BAR RANCH COMPANY, Appellants, v. FRONTIER EQUITY EXCHANGE ASSOCIATION, Appellee.

Court of Appeals of Kansas.

February 24, 2006.

Attorney(s) appearing for the Case

Perry Warren, of Goodland, for appellants.

J. Ronald Vignery, of Goodland, for appellee.

Terry D. Bertholf, of Hutchinson, for amicus curiae Kansas Cooperative Council.

Before HILL, P.J., GREENE, J., and BUKATY, S.J.

GREENE, J.:

Charles Ihrig, Grace Ihrig, and Circle Bar Ranch Company (the Ihrigs) appeal the district court's order denying them shareholder access to the corporate books and records of Frontier Equity Exchange Association (Frontier), arguing that they met their statutory burden to show a proper purpose for such access. Although we affirm the district court's denial of an inspection for most of the Ihrigs' allegations, we conclude that the allegations of discounting...

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