Thompson v. Williams
California Supreme Court
Appeal from a judgment of the Superior Court of the city and county of San Francisco. The action was brought by the plaintiffs, stockholders in the People’s Ice Company, a corporation organized and existing under the laws of California, to restrain the defendants, who were directors of the corporation, from selling certain shares of the capital stock of the corporation belonging to the plaintiffs, under an alleged levy of an assessment claimed to have been made on the 9th of…
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Appeal from a judgment of the Superior Court of the city and county of San Francisco. The action was brought by the plaintiffs, stockholders in the People’s Ice Company, a corporation organized and existing under the laws of California, to restrain the defendants, who were directors of the corporation, from selling certain shares of the capital stock of the corporation belonging to the plaintiffs, under an alleged levy of an assessment claimed to have been made on the 9th of October, 1883. On and prior to the eighth day of October, 1883, the corporation had its office and place of business at…
1Opinion of the CourtThornton, J.
Each director must have special notice of the regular meetings of the board of directors of the corporation defendant, unless provision is made in the by-laws for such meetings. (Civ. Code, sec. 320.) Conceding that the provision in the by-laws was sufficient to give notice to the directors of the regular meeting of the 8th of October at 414 O’Farrell Street, and that the removal of the office resolved at that meeting to 314 Mission Street was valid, still, as it does not appear that the hour of the day on the 9th of October on *155which the adjourned meeting was to be held on the last-named day…
2Cases cited1 opinion
- San Buenaventura Commercial Mining & Manufacturing Co. v. VassaultCalifornia Supreme Court · 1875
3Cited by17 opinions
- Hill v. Rich Hill Coal Mining Co.Supreme Court of Missouri · 1893
- Curtin v. Salmon River Hydraulic Gold Mining & Ditch Co.California Supreme Court · 1900
- Richman v. Bank of PerrisCalifornia Court of Appeal · 1929
- Smith v. DornCalifornia Supreme Court · 1892
- Cheney v. CanfieldCalifornia Supreme Court · 1910
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