Redding v. Redding

OPINION

CRIPPEN, Judge.

Following dissolution of their marriage, both parties challenge trial court decisions on appellant’s shares of stock in family corporations. We affirm in part, modify in part, reverse in part and remand.

FACTS

A September 1984 judgment of the trial court dissolves the fifteen year marriage of the parties.

At the time of trial, appellant James Red-ding owned stock in two family corporations, Windom State Investment Company (Investment) and Windom State Bank (Bank). He held 4,465 shares, 13.78 percent of Investment stock, and he owned 100 shares, 1.25 percent of Bank stock.…