1. Home
  2. Browse Decisions
  3. S.E.2d
  4. 225 S.E.2d
  5. 225 S.E.2d 583 (1976)
 

BLOUNT v. TAFT

No. 753SC1014.

225 S.E.2d 583 (1976)

29 N.C. App. 626

Marvin K. BLOUNT, Sr., et al. v. E. H. TAFT, Jr., et al.

Court of Appeals of North Carolina.

June 16, 1976.

Attorney(s) appearing for the Case

Haywood, Denny & Miller by Egbert L. Haywood and John C. Martin, Durham, for plaintiffs-appellees.

Manning, Fulton & Skinner by Howard E. Manning and Dan J. McLamb, Raleigh, for defendants-appellants.

CLARK, Judge.

This appeal presents one issue: Did the trial court err in concluding that Article III, Section 7, of the by-laws adopted on 20 August 1971, was a shareholders' agreement pursuant to G.S. 55-73(b) and not a by-law which could be amended, as could other by-laws, by the corporate directors?

The shareholders' agreement is recognized and approved by the North Carolina Business Corporation Act of 1955, G.S. 55-73(b) providing as follows:

Let's get started

Leagle.com

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.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases