Hauptman v. Edwards, Inc.

I concur in the results, but solely on the basis of estoppel, and a different estoppel than that relied upon in the majority opinion. When Kenneth and Gary Edwards, as owners of 99.9 *318per cent of the stock of the corporation, and constituting two-thirds of the board of directors, entered into a contract for the corporation, they are bound under principles of estoppel to affirm the contract, 19 C.J.S. Corporations § 1012, p. 485. This court held similarly, without referring to estoppel, in Bentall v. Koenig Brothers, Inc., (1962), 140 Mont. 339, 372 P.2d 91, 94: “In the instant case, the…