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STATE EX REL. PALMER-FLORIDA CORPORATION v. GREEN

88 So.2d 493 (1956)

STATE of Florida ex rel. PALMER-FLORIDA CORPORATION, a Delaware corporation duly authorized to do business within the state of Florida, Relator, v. Honorable Ray E. GREEN, as Comptroller of the State of Florida, Respondent.

Supreme Court of Florida, Special Division A.

June 20, 1956.

Attorney(s) appearing for the Case

C.L. McKaig, Worth Dexter, Jr., and Dexter & Conlee, Sarasota, for relator.

Richard W. Ervin, Atty. Gen., and Fred M. Burns, Asst. Atty. Gen., for respondent.

TERRELL, Justice.

July 3, 1953, relator, a foreign corporation authorized to transact business in this state, by appropriate resolution directed its officers to execute and deliver a deed to certain unimproved real estate owned by it in Sarasota County to the stockholders of relator, each stockholder to be granted the undivided interest in the real estate represented by the ratio of the number of shares of common stock which...

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