SHARP, Chief Justice.
This appeal presents a two-part question: Was Section 7 of Eastern's bylaws, adopted 20 August 1971, a valid shareholders' agreement; and, if so, was it subject to amendment under Section 4, which authorized amendment, repeal, or re-write of the bylaws by the affirmative vote of a majority of the stockholders?
The trial judge found as a fact that on 20 August 1971 all the shareholders of Eastern, by unanimous vote, adopted a set of bylaws...
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