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BOWKER v. NASHUA TEXTILE CO.

No. 4909.

103 N.H. 242 (1961)

WILLIAM BOWKER v. NASHUA TEXTILE CO., INC. & a.

Supreme Court of New Hampshire.

Decided April 4, 1961.

Attorney(s) appearing for the Case

Sheehan, Phinney, Bass, Green & Bergevin and Richard A. Morse (Mr. Morse orally), for the plaintiff.

McLane, Carleton, Graf, Greene & Brown (Mr. Graf orally), for the defendants.

DUNCAN, J.

The affirmative action of better than seventy per cent of all the stockholders of the corporation authorizing liquidation and dissolution of the corporation was sufficient to comply with the statute (RSA 294:40, 41) and if taken in good faith afforded the minority stockholders no ground for complaint. Bowditch v. Jackson Company, 76 N.H. 351; Second Nat. Bank v. Bank, 84 N.H. 342. See...

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