Ringling v. Ringling Bros.—Barnum & Bailey Combined Shows, Inc.

Seitz, Vice-Chancellor:

Petitioner in this proceeding contests the validity of the election of directors and officers of the defendant corporation which took place at its annual stockholders’ and directors’ meetings held this year.

At all times here involved, the 1000 shares of authorized and issued common stock of the defendant corporation, Ringling Bros.-Barnum & Bailey Combined Shows, Inc. (hereafter called the “defendant corporation” or the “corporation”), were owned or controlled as follows:

Edith Conway Ringling—petitioner—315 shares

Aubrey B. Haley—a defendant—315 shares

John Ringling…