Stone v. Kellogg
Illinois Supreme Court
Appeal from the Appellate -Court for the First District;—heard in that court on appeal from the Circuit Court of Cook county; the Hon. Richard W. Clifford, Judge, presiding. Appellee filed his petition in the circuit court of Cook county for a writ of mandamus to compel the appellants, respectively the president and secretary of the Central Union Telephone Company, an Illinois corporation, to permit him to examine the records, books of account and papers of the company.
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Appeal from the Appellate -Court for the First District;—heard in that court on appeal from the Circuit Court of Cook county; the Hon. Richard W. Clifford, Judge, presiding. Appellee filed his petition in the circuit court of Cook county for a writ of mandamus to compel the appellants, respectively the president and secretary of the Central Union Telephone Company, an Illinois corporation, to permit him to examine the records, books of account and papers of the company. Appellee owns 761 shares, of the par value of §100 each, of the capital stock of the company, and is, and has been from its…
1Opinion of the CourtJustice Carter
The question whether or not appellee is entitled to a writ of mandamus to compel appellants, as officers of the Central Union Telephone Company, to permit him to examine the records, books and papers of the corporation, is presented by demurrer to apjjellants’ answer to the petition. Appellee is both a stockholder and a director in the company. As a stockholder, owning more than §75,000, at its face value, of the capital stock, he had large interests to protect, and as a director he had important duties to perform. In both capacities he bad the undoubted right to inform himself (and, if…
2Cases cited7 opinions
- People ex rel. Muir v. ThroopNew York Supreme Court · 1834
- Foster v. WhiteSupreme Court of Alabama · 1888
- State ex rel. Bergenthal v. BergenthalWisconsin Supreme Court · 1888
- State ex rel. Martin v. Bienville Oil Works Co.Supreme Court of Louisiana · 1876
- Genin & Lockwood v. TompkinsNew York Supreme Court · 1851
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- State v. Cities Service CompanySupreme Court of Delaware · 1922
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