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CORTINA v. DE SOLLANO

No. 4115.

336 P.2d 762 (1959)

Ignacio CORTINA B., Carlos Lezama, Guillermo Alvarez Morphy, W. Hampton Katze, Herman H. Maulhardt and Jean Maulhardt, husband and wife; Donald M. Prentice and Elizabeth Prentice, husband and wife; Antonio Di Giovanni and Gandolfa Di Giovanni, husband and wife; Anna Di Giovanni; Charles F. La Mantia and Margaret La Mantia, husband and wife; Joseph V. La Mantia and Verna La Mantia, husband and wife; Phillip J. La Mantia and Dorothy La Mantia, husband and wife; T. Anthony La Mantia and Pearl La Mantia, husband and wife; and Process Millers, Inc., a Nevada corporation, Appellants, v. Carlos S. F. Diez DE SOLLANO, Jose Maria Berriozabal, Collis E. Dore and Warren J. Roussel, Respondents.

Supreme Court of Nevada.

Rehearing Denied April 28, 1959.

Attorney(s) appearing for the Case

Morse, Graves & Compton, Las Vegas, for appellants.

Hawkins & Cannon and Marion A. Smith, Las Vegas, for respondents.

Rehearing Denied April 28, 1959. See 338 P.2d 74.

BADT, Justice.

Plaintiffs, as stockholders of Process Millers, Inc., sought a declaratory judgment to resolve the confusion growing out of the purchase of an additional issue of corporate stock in the exercise of pre-emptive rights by the original stockholders. In the exercise of such pre-emptive rights plaintiffs had acquired stockholder voting control of the corporation,...

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