Legal Opinion

Potts v. First City Bank

California Court of Appeal

Decided May 6, 1970No. Civ. 34424PublishedCited by 5 opinions

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

  1. Bank of America v. Superior CourtCalifornia Court of Appeal · 1970
  2. McClung v. SaitoCalifornia Court of Appeal · 1970
  3. Beverly Hills National Bank v. GlynnCalifornia Court of Appeal · 1968
  4. Lynch v. McDonaldCalifornia Supreme Court · 1909
  5. In Re John Koke Co.Court of Appeals for the Ninth Circuit · 1930

1 more not listed; retrieve them via the Exa API.

3Cited by5 opinions

  1. Federal Deposit Insurance Corporation, As Receiver v. O'melveny & MeyersCourt of Appeals for the Ninth Circuit · 1992
  2. Federal Deposit Ins. Corp. v. CsongorMassachusetts Supreme Judicial Court · 1984
  3. Hagadorn v. Durgin & Browne, Inc.Supreme Court of Vermont · 1972
  4. Federal Deposit Insurance ex rel. American Diversified Savings Bank v. O'Melveny & MeyersCourt of Appeals for the Ninth Circuit · 1992
  5. In re Haffner's 5¢ to $1.00 Stores, Inc.District Court, N.D. Indiana · 1984

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