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FENTON v. PEERY LAND AND LIVESTOCK CO.

No. 8250.

3 Utah 2d 156 (1955)

280 P.2d 452

GLORIA G. FENTON, PLAINTIFF-APPELLANT, v. PEERY LAND AND LIVESTOCK CO., A UTAH CORPORATION, JOSEPH I. JACOB, I.H. JACOB AND WILFORD W. GARDNER, DEFENDANTS-RESPONDENTS.

Supreme Court of Utah.

February 17, 1955.

Attorney(s) appearing for the Case

Patrick H. Fenton, Cedar City, for appellant.

Thomas & Armstrong, Salt Lake City, for respondents.

HENRIOD, Justice.

Appeal from a judgment holding that non-assessable stock might become assessable if the articles of incorporation are amended by vote of a majority of the stock. Affirmed. Costs to respondents.

The articles provided for amendments in any manner or "respect conformable to the laws" and Title 16-2-45, U.C.A. 1953 generally allows for amendments of the articles so long as personal liability of the shareholders is not changed.

Plaintiff...

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