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PICKETT v. PAINE

27636.

230 Ga. 786 (1973)

199 S.E.2d 223

PICKETT et al. v. PAINE.

Supreme Court of Georgia.

Decided June 21, 1973.

Rehearing Denied July 12, 1973.

Attorney(s) appearing for the Case

Arnall, Golden & Gregory, Ellis Arnall, Cleburne E. Gregory, Jr., for appellants.

Powell, Goldstein, Frazer & Murphy, Robert W. Patrick, Jerry B. Blackstock, Robert M. Travis, for appellee.

HAWES, Justice.

This action was originally commenced when Leon Paine, as sole minority shareholder and former officer of the corporations, Pico, Inc., and Calero, Inc., filed a complaint against Roscoe Pickett, as majority shareholder and president, joining as party defendants both Pico and Calero. The complaint as amended contained three separate claims for relief. Count 1 was in the nature of a derivative shareholder action...

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