Legal Opinion
McDonald v. Farley & Loetscher Manufacturing Co.
Supreme Court of Iowa
Decided January 10, 1939No. 44465PublishedCited by 17 opinions
1Opinion of the CourtStiger, J.
The Consolidated National Bank of Dubuque, Iowa, in receivership, was the owner of 311 shares of special stock of defendant corporation. This stock was investment nonvoting stock. The articles of incorporation contain the following provisions:
“No transfer of Special Stock shall be valid, until ten days after the Company, through its Secretary, shall have had written notice of the proposed sale, the number of shares proposed to be sold, the price at which the proposed sale is to be made, and the name of the prospective buyer; and during said ten days, the Company shall have the sole option to…
2Cases cited16 opinions
- Standard Oilshares, Inc. v. Standard Oil Group, Inc.Court of Chancery of Delaware · 1930
- Gazlay v. WilliamsSupreme Court of the United States · 1908
- Casper v. Kalt-Zimmers Manufacturing Co.Wisconsin Supreme Court · 1915
- Farmers' Mercantile & Supply Co. v. LaunWisconsin Supreme Court · 1911
- Francis v. FergusonNew York Court of Appeals · 1927
11 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Talbott v. NibertSupreme Court of Kansas · 1949
- Barton Naphtha Co. v. CommissionerUnited States Tax Court · 1971
- Elson v. Security State Bank of AllertonSupreme Court of Iowa · 1954
- Witte v. Beverly Lakes Investment Co.Missouri Court of Appeals · 1986
- Avoyelles Trust & Sav. Bank v. LILIEDAHL'S ESTATELouisiana Court of Appeal · 1977
12 more not listed; retrieve them via the Exa API.