Morris v. Broadview, Inc.

Plaintiff brought this mandamus suit to compel defendants to permit him, as a holder of participating certificates in the Broadview, Inc., to examine its books and records and its list of shareholders. This was sought under section 45 of the Corporations Act, as amended July 21, 1941 (ch. 32, par. 157.45, Ill. Rev. Stat. 1941 [Jones Ill. Stats. Ann. 32.045]). Defendants answered, and after hearing the court ordered the writ, from which defendants appeal.

Section 45 of the statute provides that any person who shall have been a shareholder for at least six months immediately preceding his…