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THOMSEN v. YANKEE MARINER CORP.

Docket No. 4244.

106 Cal.App.2d 454 (1951)

235 P.2d 234

JOHN H. THOMSEN, Plaintiff and Respondent; SAN DIEGO PACKING COMPANY et al., Cross-Defendants and Respondents, v. YANKEE MARINER CORPORATION (a Corporation) et al., Appellants.

Court of Appeals of California, Fourth District.

September 6, 1951.

Attorney(s) appearing for the Case

John G. Robertson for Appellants.

J.A. Donnelley for Respondents.

BARNARD, P.J.

This is an action under section 2236 of the Corporations Code to determine the validity of an election of directors.

The Yankee Mariner Corporation was organized in 1948 for the purpose of purchasing and operating a tuna fishing vessel known as the "Yankee Mariner." One section of the articles of incorporation, known as article 6-c, provided that before a valid sale of any share could be made the holder must give written notice; that for 40 days...

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