Legal Opinion
Micalizio v. Micalizio
California Court of Appeal
Decided March 14, 1988No. E003891PublishedCited by 10 opinions
1Opinion of the Court
Opinion
DABNEY, J.
Facts and Procedural History
Robert Micalizio (Robert) has been employed since 1960 for the J. R. Norton Company (Norton), a closely held agricultural corporation. In June 1963, Robert purchased stock in Norton for $100,000 and financed the purchase by executing two promissory notes which called for 19 annual principal payments of $2,500 with balloon payments in the 20th year. Each note stated: “This note is secured by a pledge of shares of stock.” Robert, however, retained custody of the share certificates, which were issued in his name alone.
Norton pays dividends only on its…
2Cases cited35 opinions
- Burton-Sutton Oil Co. v. CommissionerSupreme Court of the United States · 1946
- Hollister Convalescent Hospital, Inc. v. RicoCalifornia Supreme Court · 1975
- Estate of Hanley v. HanleyCalifornia Supreme Court · 1943
- In Re Marriage of LopezCalifornia Court of Appeal · 1974
- In Re Marriage of FonsteinCalifornia Supreme Court · 1976
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3Cited by10 opinions
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- People v. Landon White Bail BondsCalifornia Court of Appeal · 1991
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- In Re Marriage of DeCosseMontana Supreme Court · 1997
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