National Crude, Inc. v. Ruhl

McCLINTOCK, Justice.

The present appeal stems from a dispute concerning a gift of shares of stock. Geri L. Ruhl, plaintiff, filed suit seeking to have a stock certificate canceled and to have the shares of stock reissued. This appeal raises three issues: (1) whether the trial court had jurisdiction over a nonresident defendant; (2) whether there was a gift of stock to the plaintiff; and (3) whether the court properly invoked the doctrine of estoppel. We find that the court did have jurisdiction; however, we have concluded a gift was not made to the plaintiff and that the doctrine of estoppel…