(DOWNLOAD) "John P. Gannon v. John H. Baker III" by Supreme Court of Texas No. D-1132 " Book PDF Kindle ePub Free
eBook details
- Title: John P. Gannon v. John H. Baker III
- Author : Supreme Court of Texas No. D-1132
- Release Date : January 06, 1991
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 57 KB
Description
The issue in this case is whether minutes of a corporate meeting constitute a written agreement of persons present precluding parol evidence concerning the agreement. We hold, in the circumstances presented, that they do not. John P. Gannon and Bill Nail were each fifty-percent owners of J & B Sign Co., an outdoor sign business. In 1976, Gannon and Nail agreed to bring in John H. Baker, III, as a co-owner. At an organizational meeting, the parties agreed that Baker would hold sixty percent of the corporation's stock, while Gannon and Nail would each hold twenty percent. Additionally, the parties signed a trust agreement entitling Baker to vote the other owners' shares for so long as the corporation remained liable on any obligation requiring the personal guaranty of any of the shareholders.
 "John P. Gannon v. John H. Baker III" by Supreme Court of Texas No. D-1132 " Book PDF Kindle ePub Free){kind=link}