Legal Opinion
Kanawha-Roane Lands, Inc. v. Burford
West Virginia Supreme Court
Decided July 22, 1987No. 17084PublishedCited by 2 opinions
1Opinion of the Court
MILLER, Justice:
This appeal by the administrator of the estate of S.S. Burford involves the validity of a by-law giving Kanawha-Roane Lands, Inc., a first option to purchase stock of a deceased stockholder at the price the stock was originally purchased. We believe the trial court correctly determined the by-law was valid and specifically enforceable and properly granted summary judgment in favor of the corporation, and we, therefore, affirm the judgment of the circuit court.
Kanawha-Roane Lands, Inc., instituted this action in the Circuit Court of Kanawha County in 1981 seeking a declaratory…
2Cases cited28 opinions
- Masinter v. Webco Co.West Virginia Supreme Court · 1980
- New England Trust Co. v. AbbottMassachusetts Supreme Judicial Court · 1894
- Allen v. Biltmore Tissue Corp.New York Court of Appeals · 1957
- Standard Oilshares, Inc. v. Standard Oil Group, Inc.Court of Chancery of Delaware · 1930
- Colbert v. HennesseyMassachusetts Supreme Judicial Court · 1966
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3Cited by2 opinions
- Wingfield v. Contech Construction Products, Inc.Court of Appeals of Arkansas · 2003
- Bobby Lee Chain Jr., in his Capacity as the Executor of the Estate of Betty Chain, Deceased v. Ormonde Plantation Inc., Charles T. Finnegan, Kenny Duff Jr., and Alben N. HopkinsCourt of Appeals of Mississippi · 2020