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KEATING v. K-C-K CORPORATION

No. 14394.

383 S.W.2d 69 (1964)

Leonard M. KEATING et ux., Appellants, v. K-C-K CORPORATION et al., Appellees.

Court of Civil Appeals of Texas, Houston.

October 8, 1964.

Attorney(s) appearing for the Case

Leonard Rosenberg; M. Michael Gordon, Houston, for appellants.

Walton & Brochstein, Fred W. Hofstetter, Harry Brochstein, Houston, for appellees.

COLEMAN, Justice.

This suit grew out of a contest for the management of a closely held corporation. The principal question involved is whether the stockholders elected three, or whether they elected four, directors at the stock-holders meeting held June 14, 1963.

Article 2.23, Business Corporation Act, Vol. 3A, Vernon's Ann.Tex.Civ.St., provides:

"The initial bylaws of a corporation shall be adopted by its...

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