A minority group of stockholders brought an action to compel a declaration of dividends on common stock, naming as defendants the Continental Mills company, four of the five directors of the corporation, and a majority stockholder. Effective service of process was made only on the corporation and two of the directors. The majority stockholder and the other two directors named appeared specially and obtained a dismissal of the action as to them. The two directors properly served then moved to dismiss the action for failure to include a majority of the board of directors as parties. Held, a majority of the board are not indispensable under the Maine corporation law and general principles of equity as applied by Maine courts. Whittemore v. Con...
By action of its board of directors, defendant corporation entered into a written extension of a lea...
Defendant corporation issued preferred stock in 1937 under a charter amendment which provided that s...
Defendant\u27s decedent, X, was executive vice-president and treasurer of plaintiff corporation. Int...
A minority group of stockholders brought an action to compel a declaration of dividends on common st...
Plaintiff, a citizen of New York and the owner of some preferred stock in the defendant Delaware cor...
Plaintiffs, minority stockholders of defendant corporation, brought an equitable action against cert...
The many recent discussions of the problem of dividend accumulations show that plausible grounds exi...
The Big Bend Land Company was in the process of liquidation. The articles of incorporation provided ...
As a general proposition, payment of dividends may be made only out of surplus and not out of the ca...
The defendants, employees of the plaintiff corporation, were discharged by the president, who was em...
Plaintiffs, minority stockholders in a closely held corporation, asked that the court declare invali...
A and B owned 50 per cent of the stock in each of two solvent corporations, and Y and Z owned the re...
The malignant decision in the Dartmouth College case fathered the passage of reserved-power statut...
A corporation\u27s articles of incorporation provided: In the event of any liquidation, dissolution...
At the beginning of 1936, plaintiff, a Wisconsin corporation, had an earned surplus deficit of $106,...
By action of its board of directors, defendant corporation entered into a written extension of a lea...
Defendant corporation issued preferred stock in 1937 under a charter amendment which provided that s...
Defendant\u27s decedent, X, was executive vice-president and treasurer of plaintiff corporation. Int...
A minority group of stockholders brought an action to compel a declaration of dividends on common st...
Plaintiff, a citizen of New York and the owner of some preferred stock in the defendant Delaware cor...
Plaintiffs, minority stockholders of defendant corporation, brought an equitable action against cert...
The many recent discussions of the problem of dividend accumulations show that plausible grounds exi...
The Big Bend Land Company was in the process of liquidation. The articles of incorporation provided ...
As a general proposition, payment of dividends may be made only out of surplus and not out of the ca...
The defendants, employees of the plaintiff corporation, were discharged by the president, who was em...
Plaintiffs, minority stockholders in a closely held corporation, asked that the court declare invali...
A and B owned 50 per cent of the stock in each of two solvent corporations, and Y and Z owned the re...
The malignant decision in the Dartmouth College case fathered the passage of reserved-power statut...
A corporation\u27s articles of incorporation provided: In the event of any liquidation, dissolution...
At the beginning of 1936, plaintiff, a Wisconsin corporation, had an earned surplus deficit of $106,...
By action of its board of directors, defendant corporation entered into a written extension of a lea...
Defendant corporation issued preferred stock in 1937 under a charter amendment which provided that s...
Defendant\u27s decedent, X, was executive vice-president and treasurer of plaintiff corporation. Int...