February 1, 1999
J. Rex Farrior, Jr. v. Mary Lee Farrior
Case Number(s):
93329
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Summary:

Mary Lee Farrior inherited 10,298 shares of Coca-Cola stock left by her grandfather, Charles Talbot Nunnally, valued at $3.1 million when she received it in 1968 along with other assets. She had married Rex Farrior ten years earlier. During their marriage, Mr. Farrior both practiced law and managed the fortune, which paid for a lavish lifestyle. By the time they divorced in 1996, the total estate was worth $47.7 million. The trial court divided it equally, but the Second District Court reversed on grounds the stock had always been titled in Mrs. Farrior's name and rightfully belongs to her.