J BAR H, INC. v. Johnson

I generally concur with the decision and the court’s opinion except in one aspect with which I cannot agree. That subject is characterized in the majority as “Validity of Corporate Debt.”

My review of the entire record and proper understanding of the proceeding determines that, except for the separately defined dispute about the validity of a promissory note as to legality of execution, the parties here neither tried nor did the trial court decide what amounts in liquidation either litigant may be entitled to be repaid as corporate advances from loans and what amounts will constitute…