Potts v. First City Bank
California Court of Appeal
1Opinion of the Court
Opinion
KINGSLEY, J.
In April 1965, William R. Flint, Betty Louise Flint (his wife) and Margaret Parr, as incorporators, duly organized a corporation known as Gourmandises, Inc. The articles of incorporation provided for a single class of stock, in the amount of 20,000 shares with a par value of $10 per share. The two Flints subscribed for 100 shares of stock and paid the corporation $1,000 therefor. No other stock was ever subscribed for or issued. The three incorporators were designated as the original board of directors; Margaret Parr resigned immediately after the incorporation and no…
2Cases cited6 opinions
- Bank of America v. Superior CourtCalifornia Court of Appeal · 1970
- McClung v. SaitoCalifornia Court of Appeal · 1970
- Beverly Hills National Bank v. GlynnCalifornia Court of Appeal · 1968
- Lynch v. McDonaldCalifornia Supreme Court · 1909
- In Re John Koke Co.Court of Appeals for the Ninth Circuit · 1930
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3Cited by5 opinions
- Federal Deposit Insurance Corporation, As Receiver v. O'melveny & MeyersCourt of Appeals for the Ninth Circuit · 1992
- Federal Deposit Ins. Corp. v. CsongorMassachusetts Supreme Judicial Court · 1984
- Hagadorn v. Durgin & Browne, Inc.Supreme Court of Vermont · 1972
- Federal Deposit Insurance ex rel. American Diversified Savings Bank v. O'Melveny & MeyersCourt of Appeals for the Ninth Circuit · 1992
- In re Haffner's 5¢ to $1.00 Stores, Inc.District Court, N.D. Indiana · 1984