Charles Donald Belcher v. Birmingham Trust National Bank, W. E. Belcher Lumber Company, Inc., American Appraisal Company, Appraiser-Appellee

INGRAHAM, Circuit Judge:

This appeal is a byproduct of the settlement of a suit between the majority and minority shareholders of the W. E. Belcher Lumber Company, Inc. After settlement of this suit, it was necessary to obtain an appraisal of the company’s assets, and the district court appointed a Special Master, W. A. Jenkins, for this purpose. The Master engaged the American Appraisal Company of Milwaukee, Wisconsin, to conduct the appraisal, and the court approved his action. The dispute here concerns the fee charged by American for its work. Although American’s client was the Special…