Burns v. Drennen

GARDNER, X

Appellee, X L. Drennen, is the owner of 324 shares of common stock of the Lincoln Reserve Life Insurance Company, and as such stockholder demanded an inspection and examination of the books, records, and papers of the corporation, which demand was refused. His petition for mandamus followed, resulting in a judgment awarding the writ, from which respondent, president of the company, and upon whom the demand was made, has prosecuted this appeal.

The right of the stockholder to such examination as here demanded is recognized in this state by statute (section 7001, Code of 1923), which…