For Your Data Ling In Addition To Co. V. Trinity Sav. In Addition To Loan Ass’N Illustration Brief
March 23, 2016
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Ling in addition to Co. v. Trinity Sav. And Loan Ass’n case brief summary
482 S.W.2d 841 (1972)
CASE FACTS
Respondent loaned coin to a mortal who pledged shares of stock inward petitioner to secure the note. When respondent sued on the note, petitioner was made a political party because of its insistence that the transfer of its stock was plain of written report to restrictions that were unfulfilled. The trial courtroom entered summary judgment inward favor of respondent, foreclosing the safety involvement inward the stock in addition to ordering it sold. The courtroom of civil appeals affirmed.
DISCUSSION
The supreme courtroom of Texas reversed in addition to remanded because the restrictions on the sale of the stock were non unreasonable.
CONCLUSION
The Supreme Court of Texas reversed in addition to remanded because the restrictions on the sale of the stock were non unreasonable.
Recommended Supplements for Corporations in addition to Business Associations Law
482 S.W.2d 841 (1972)
CASE SYNOPSIS
Petitioner appealed from a judgment of the Dallas County Tenth District Court (Texas) ordering for sure shares of petitioner's stock sold to satisfy a debt owed to respondent past times the stockholder.CASE FACTS
Respondent loaned coin to a mortal who pledged shares of stock inward petitioner to secure the note. When respondent sued on the note, petitioner was made a political party because of its insistence that the transfer of its stock was plain of written report to restrictions that were unfulfilled. The trial courtroom entered summary judgment inward favor of respondent, foreclosing the safety involvement inward the stock in addition to ordering it sold. The courtroom of civil appeals affirmed.
DISCUSSION
The supreme courtroom of Texas reversed in addition to remanded because the restrictions on the sale of the stock were non unreasonable.
CONCLUSION
The Supreme Court of Texas reversed in addition to remanded because the restrictions on the sale of the stock were non unreasonable.
Recommended Supplements for Corporations in addition to Business Associations Law