Brown v. Momar, Inc.

Sognier, Chief Judge.

H. Stephen Brown, individually and as executor of the Estate of Henry Brown, and C. Roger Brown brought suit against Momar, Incorporated to determine their rights in certain stock issued by Momar. The parties filed cross motions for summary judgment on the issue of the Browns’ ownership rights in the stock. The trial court granted partial summary judgment in favor of Momar and denied the Browns’ motion, and the Browns appeal.

Henry Brown, appellants’ father, was an officer and shareholder in appellee. At the time of his death on May 2, 1986, he owned 250,000 shares of…