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BROWN v. ARP AND HAMMOND HARDWARE CO.

No. 05-70.

141 P.3d 673 (2006)

2006 WY 107

Suzanne W. BROWN, individually; Suzanne W. Brown, as Successor Trustee of the Marie Arp Schroeder Testamentary Trust; and Suzanne W. Brown, as Successor Trustee of the Catherine S. Holmes Trust, Appellants (Defendants), v. ARP AND HAMMOND HARDWARE COMPANY, Appellee (Plaintiff).

Supreme Court of Wyoming.

August 29, 2006.

Attorney(s) appearing for the Case

Representing Appellants: Scott W. Meier, of Hickey & Evans, LLP, Cheyenne, Wyoming.

Representing Appellee: John B. "Jack" Speight & Robert T. McCue, of Speight, McCue & Associates, P.C., Cheyenne, Wyoming; Amanda Hunkins Newton, of Jones, Jones, Vines & Hunkins, Wheatland, Wyoming.

Before VOIGT, C.J., and GOLDEN, HILL, KITE, and BURKE, JJ.

BURKE, Justice.

[¶ 1] Suzanne Brown, in her individual capacity and as successor trustee of two trusts, (collectively "Appellants"), held a minority interest in Arp and Hammond Hardware Company. The corporation executed a reverse stock split, cashing out Appellants' resulting fractional shares. Appellants exercised their right to dissent. Unable to reach an agreement concerning the value of Appellants' shares, the corporation filed an appraisal proceeding in...

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