Comolli v. Comolli

Undercofler, Presiding Justice.

This stockholder action essentially is a dispute between two brothers, Felix Comolli and Louis Comolli. It concerns Comolli Granite Company’s purchase of its own corporate stock from Christine Comolli, the widow of a third brother, Mario Comolli, resulting in Louis becoming majority stockholder. Comolli Granite Company is a successful and valuable closely held family business corporation which was established by C. Comolli, father of the principals, in 1937 and controlled by him until his death in 1956. Thereafter Felix, the eldest son, was elected president and…