Granara v. Italian Catholic Cemetery Ass'n
Massachusetts Supreme Judicial Court
Bill in equity, filed in the Supreme Judicial Court on June 25, 1913, and afterwards amended, by alleged stockholders of the Italian Catholic Cemetery Association against the corporation and six individuals who were its officers and directors, seeking to have the status of the plaintiffs as to the defendant corporation established, to have certain by-laws of the corporation declared to'be void, and to compel the individual defendants, officers of the corporation, to account…
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Bill in equity, filed in the Supreme Judicial Court on June 25, 1913, and afterwards amended, by alleged stockholders of the Italian Catholic Cemetery Association against the corporation and six individuals who were its officers and directors, seeking to have the status of the plaintiffs as to the defendant corporation established, to have certain by-laws of the corporation declared to'be void, and to compel the individual defendants, officers of the corporation, to account for funds alleged to have been misapplied by them. The plaintiffs alleged that the bill was brought on behalf of…
1Opinion of the CourtBraley, J.
The defendant corporation having been organized ■under R. L. c. 78, § 1, and c. 123, for the purpose of establishing and maintaining a cemetery, the incorporators had no authority to create a capital stock of $50,000 divided into five hundred shares with a fixed par value of $100 each, and to issue certificates for two hundred and fifty-one shares to themselves and to the plaintiffs, who by purchase are averred to have become and now are the holders of a majority of the shares thus issued. R. L. c. 78, § 7. Monumoi Great Beach v. Rogers, 1 Mass. 159, 163, 165. Donnelly v. Boston Catholic…
2Cases cited14 opinions
- Ginn v. AlmyMassachusetts Supreme Judicial Court · 1912
- von Arnim v. American Tube WorksMassachusetts Supreme Judicial Court · 1905
- Commissioners on Inland Fisheries v. Holyoke Water Power Co.Massachusetts Supreme Judicial Court · 1870
- Stewart v. JoyceMassachusetts Supreme Judicial Court · 1909
- Thornton v. Marginal Freight Railway Co.Massachusetts Supreme Judicial Court · 1877
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3Cited by18 opinions
- Carleton & Hovey Co. v. BurnsMassachusetts Supreme Judicial Court · 1934
- Opinion of the Justices to the SenateMassachusetts Supreme Judicial Court · 1956
- Commissioners of Public Works v. Cities Service Oil Co.Massachusetts Supreme Judicial Court · 1941
- Willett v. HerrickMassachusetts Supreme Judicial Court · 1922
- Lawrence Trust Co. v. Sun-American Publishing Co.Massachusetts Supreme Judicial Court · 1923
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