VanKirk v. Young

BROTHERTON, Justice:

This is an appeal from an order entered on February 27, 1987, by Kanawha County Circuit Court Judge Herman Canady, holding that W.Va.Code § 31-1-134 (1988), which describes the right of majority shareholders in a corporation to avoid dissolution by purchasing the stock owned by the parties seeking dissolution, is not applicable where the only shareholders are each owners of one-half of the corporation’s stock. The appellant, William R. Young, contends that Judge Canady erred in ruling that the buy-out provisions of W.Va.Code § 31-1-134 (1988) are not available to Young and…