Wade v. Pridmore

This is an appeal from a default judgment entered by the court, when Wade's counsel, unsuccessful in obtaining a continuance, did not appear for trial as scheduled. We affirm.

Pridmore filed a complaint in the Circuit Court on October 8, 1975, seeking dissolution of Mountain Auto Parts, Inc., and distribution of its assets, not claimed by creditors, to him. Pridmore alleged in his complaint that he was the beneficial owner of all of the shares of stock of the corporation, and owned legal title to 51% of the shares. Wade was to own legal title to 48% of the stock. Lee Clyde Traylor was to own…