HENRIOD, Justice.
Appeal from a declaratory judgment stating that a majority vote of shareholders at a properly called meeting for the purpose, was sufficient to add a fifth director to a previous four-man directorship. Affirmed, with costs to plaintiffs.
The corporation's articles provide that "There shall be enacted by ballot by the stockholders * * * A Board of Directors consisting of not less than four nor more than six, and until otherwise determined...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
