Ollman v. Active Homes, Inc.

O’CONNELL, J.,

Pro Tempore.

This is a suit in equity in which plaintiffs seek to recover the value of their interests as stockholders in Active Homes, Inc. Defendants Stephen and Lotus Gaskill and Active Homes, Inc. appeal from a decree awarding plaintiffs a one-half interest in the corporation.

The pivotal question in this suit relates to the nature of the agreement between the Oilmans and the Gaskills at the inception of the formation of Active Homes, Inc.

Plaintiffs contend that it was agreed between Vernon Oilman and Stephen Gaskill that Oilman was to get 50 percent of the stock in the…