Kubatzky v. Ramada Inns, Inc.

GUNN, Presiding Judge.

Plaintiffs-appellants were minors holding shares of stock of a closely held corporation which defendant-respondent Ramada Inns, Inc. acquired. Plaintiffs appeal from a trial court judgment absolving Ramada Inns from liability for permitting an allegedly unauthorized transfer of plaintiffs’ stocks by their father. They do not appeal the trial court’s finding of nonliability on the part of defendants Neill and Warner, the purchasers of the stock. We affirm.

The facts of the case have been submitted to us through the trial court’s findings of fact and the legal file.

Karla…