Gibson v. Manuel

534 So.2d 199 (1988)

John T. GIBSON, Sr.

v.

Donald G. MANUEL.

No. 58963.

Supreme Court of Mississippi.

November 16, 1988.

J. Robertshaw, Robertshaw, Terney, Noble & Smith, Greenville, for appellant.

Kenney M. Swain, Swain & Swain, Greenville, for appellee.

Before HAWKINS, P.J., and ROBERTSON and SULLIVAN, JJ.

ROBERTSON, Justice, for the Court:

I

This interlocutory appeal wherein time is of the essence asks that we articulate the duties of a corporate officer and sole shareholder owed to a pledgee of his shares. The pledgee's legitimate concern is that the pledgor/officer has disposed of the corporate…