Colt v. Mt. Princeton Trout Club, Inc.
Colorado Court of Appeals
1Opinion of the Court
Opinion by
Judge GRAHAM.
Defendants, Mt. Princeton Trout Club, Inc. (MPTC), Lisa Riegel, Robert F. Delaney, and Forest L. Geisinger, appeal the entry of judgment in favor of plaintiffs, Sam O. Colt and Richard Winternitz, after a bench trial on their derivative claim seeking dissolution of MPTC and a receivership. We affirm.
MPTC, a closely held corporation, was formed in 1965 to own land and water rights in Chaffee County and to provide fishing and other recreational benefits to its shareholders. MPTC's articles of incorporation provide for a panoply of other purposes, including future sale of…
2Cases cited10 opinions
- In Re the Judicial Dissolution of Kemp & Beatley, Inc.New York Court of Appeals · 1984
- E-470 Public Highway Authority v. 455 Co.Supreme Court of Colorado · 2000
- Landstrom v. ShaverSouth Dakota Supreme Court · 1997
- Pueblo Bancorporation v. Lindoe, Inc.Supreme Court of Colorado · 2003
- Rupert v. Clayton Brokerage Co. of St. LouisSupreme Court of Colorado · 1987
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