Troughton v. Grace

The action is to enforce a statutory liability alleged to have been incurred by the defendant to the plaintiff through an omission to furnish a financial statement of the affairs of the Evergreen *578Cemetery Corporation upon the request of the plaintiff, a stockholder owning more than three per cent, of the stock of the corporation, and addressed to the defendant, its treasurer, on June 16, 1910, the claim being based upon section 69 of the Stock Corporation Law (Laws of 1909, chap. 61), which reads:

“ Sec. 69. Financial statement to stockholders. Stockholders owning five per centum of the…