Jacobsmeyer v. Cordes

KAROHL, Presiding Judge.

Janice M. Cordes, daughter of Melvin C. Caldwell (protectee), an incompetent, appeals from an order denying her petition for appointment of conservator ad litem and authorizing respondent conservators, Jimmie Lea Caldwell, protectee’s wife, Robert W. Caldwell, protectee’s son, and R.W. Jacobsmeyer and Francis J. Wagner, Jr., protectee’s business associates, to sell pro-tectee’s shares of stock of a closely held company, Caldwell Paint Manufacturing Company (Company), to a purchaser for a price not less than $6,761,742.50

On March 9, 1982, Melvin C. Caldwell was the…