Galbreath v. Scott

Defendants, Louise Galbreath and C G Excavating, Inc. (C G), appeal from a judgment of $50,000.00, entered after a jury verdict in favor of H.K. Scott.

C G was organized under the laws of Florida. Galbreath and Scott each owned twenty-five shares of stock in the corporation. By virtue of an alleged interest in the fifty-first share of stock in C G, Galbreath was able to elect herself and her son to the board of directors and make herself managing officer of the corporation. C G's only asset was a lease to coal lands in DeKalb County, Alabama (the Dixson property). Galbreath, acting on behalf…