Maddox v. Norman

Plaintiff appeals from the judgment of the Eighteenth Judicial District Court, Gallatin County, ordering her to transfer to Norman Ranches, Inc. her 75 shares of stock in that corporation in return for $20,000 and 20 acres of land. We affirm in part, reverse in part, and remand for further proceedings.

The issues are:(1) Should the District Court have appointed a receiver to liquidate the corporate assets and distribute the proceeds?(2) Did the District Court have power to compel plaintiff to sell her stock?(3) Were the findings of the District Court supported by substantial evidence?

The…