CARLSON v. RINGGOLD COUNTY MUTUAL TELEPHONE CO.

No. 50257.

108 N.W.2d 478 (1961)

Leroy T. CARLSON et al., Appellees, v. RINGGOLD COUNTY MUTUAL TELEPHONE COMPANY et al., Appellants.

Supreme Court of Iowa.

April 4, 1961.


Attorney(s) appearing for the Case

Frank F. Wilson, Mount Ayr, and Weible & Stipp, Forest City, for appellants.

Jones, White & Johnston, Ottumwa, Thomas E. Mullin, Creston, and Emmet Warin, Mount Ayr, for appellees.


SNELL, Justice.

Two actions consolidated for trial and appeal involve shareholders' rights and ultimate control and ownership of the Ringgold County Mutual Telephone Company, an Iowa corporation, owning and operating a telephone exchange in Mount Ayr.

I. Plaintiffs-appellees are nonresidents of the community who have purchased and admittedly own stock in the company. They will be referred to as plaintiffs. In the opinion of defendants, plaintiffs are the big...

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