Schultz v. Schultz

SEILER, Judge.

This is an equitable action to determine ownership of fourteen shares, and ultimately control, of the Chemical Dynamics Co., d/b/a The Schultz Company, in St. Louis. The cause was transferred from the court of appeals, eastern district, after opinion. 1 We will determine the case as if on original appeal. Rule 83.09.

To understand the ownership issues, a brief history of Chemical Dynamics Co., d/b/a the Schultz Company [hereinafter the Schultz Co.], is necessary. The principal are the Schultz brothers: A. Y. (Abe), Jack, and Sol Schultz [hereinafter Abe, Jack, and Sol].

In 1947,…