Mayse v. Minneola Cooperative Exchange

The opinion of the court was delivered by

Dawson, J.:

Plaintiff brought this action to compel defendant to enter his name as a stockholder in its stock record, to transfer and issue to him eight shares of stock to which he laid claim by assignment and purchase, and to account for certain accrued but unpaid dividends pertaining thereto.

The controlling facts were these: In 1915 the defendant corporation was organized with a capital of $15,000’ divided into 600 shares of $25 each. This capitalization was increased from time to time. One Louis Zinszer was the owner of four shares of the original…