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AFOGNAK NATIVE CORP. v. OLSEN

No. 6441.

648 P.2d 991 (1982)

AFOGNAK NATIVE CORPORATION, An Alaska corporation, Appellant, v. Arnold A. ("Ole") OLSEN, a Washington resident, Rhea Knagin and Cecil Nelson, Sr., Alaska residents, Appellees.

Supreme Court of Alaska.

August 6, 1982.

Attorney(s) appearing for the Case

R. Eldridge Hicks, Lane, Powell, Ruskin, Barker & Hicks, Anchorage and James L. Robart and H. Peter Sorg, Jr., Lane, Powell, Moss & Miller, Seattle, Wash., for appellant.

John H. Bradbury, Bradbury, Bliss & Riordan, Anchorage, for appellees.

Before BURKE, C.J., and RABINOWITZ, CONNOR and MATTHEWS, JJ. [COMPTON, J., not participating].

OPINION

PER CURIAM.

Plaintiff Afognak Native Corporation filed this declaratory judgment action to determine whether its bylaws adequately provided for non-cumulative voting. Defendants are dissident shareholders in the corporation.

AS 10.05.162 provides that:

Sec. 10.05.162 Voting for directors and cumulative voting option. At an election for directors every shareholder entitled to vote may vote, in person or by proxy, the number...

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