Court Opinion

ID: 9542315
Source: CourtListenerOpinion
Date Created: 2023-08-07 16:33:00.608712+00
Date Added: 2024-06-11T15:07:34.506610
License: Public Domain

HENRIOD, Chief Justice
(concurring in the result).
I concur in the result, but cannot subscribe wholly to the idea that the statute mentioned is a codification of anything. The main opinion says there was a bona fide controversy. With this I agree. This was such a loose arrangement that no one s.eems to know who paid what for what,— the money for stock never issued, or for stock and an officership in the corporation. I have doubts as to whether there was a contract of purchase, and what, if any, the consideration might have been. The reason given by the trial court may have been a cloud-nine-one, but the result seems to have been down to earth. We have okeyed such a result before.