VALERINO v. LITTLE

No. 1114, September Term, 1984.

62 Md. App. 588 (1985)

490 A.2d 756

FREDERICK M. VALERINO, SR., ET AL. v. CHARLES R. LITTLE, ET AL.

Court of Special Appeals of Maryland.

April 12, 1985.


Attorney(s) appearing for the Case

Richard A. Reid and Laurel P. Evans, Towson (Royston, Mueller, McLean & Reid and Anthony J. Tampieri, Towson, on the brief), for appellants.

Herbert R. O'Connor, III and Cynthia M. Hahn, Towson (Cook, Howard, Downes & Tracy, Towson, on the brief), for appellees.

Argued before BISHOP, ALPERT and ROSALYN B. BELL, JJ.


ALPERT, Judge.

In this appeal we are asked to decide whether a notice of a board of directors meeting was sufficient to advise a director (who was also a stockholder) receiving the notice that a stock issuance could occur causing his proportionate control of a nonpublic corporation to be diminished from 50% to less than 25%.

The instant case comes before this Court on appeal from a decision by the Circuit Court for Baltimore County denying the plaintiff's...

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