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MORISON v. WILSON LAKE COUNTRY CLUB

874 A.2d 885 (2005)

2005 ME 71

Alan MORISON et al. v. WILSON LAKE COUNTRY CLUB et al.

Supreme Judicial Court of Maine.

Decided: June 15, 2005.

Attorney(s) appearing for the Case

Roy T. Pierce, Esq. (orally), Preti, Flaherty, Beliveau, Pachios & Haley, LLC, Portland, for plaintiffs.

James G. Goggin, Esq., Valerie A. Wright, Esq. (orally), Verrill & Dana, LLP, Portland, for Wilson Lake Country Club.

Frank M. Underkuffler, Esq. (orally), Farmington, for Wilson Lake Members Corp.

Panel: SAUFLEY, C.J., and CLIFFORD, RUDMAN, ALEXANDER, CALKINS, and LEVY, JJ.

ALEXANDER, J.

[¶ 1] The Wilson Lake Country Club, a for-profit Maine corporation, and the Wilson Lake Members Corporation, a Maine nonprofit corporation, appeal a judgment of the Superior Court (Franklin County, Jabar, J.) finding that the Wilson Lake Country Club's board of directors violated both the Maine Business Corporation Law and the Club's bylaws by transferring 715 shares of treasury stock to the Wilson Lake Members Corporation. The Wilson Lake...

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