In Re the Hotel Raleigh, Inc.

The jurisdiction of a judge of the Superior Court of this State of matters involved in the election of directors by stockholders of a corporation organized under the laws of this State is statutory. The statutes applicable to such elections are as follows:

“C. S., 1176. Failure to hold election. If tbe election for directors of a corporation is not held on the day designated by the charter or bylaws, the directors shall cause the election to be held as soon thereafter as is convenient. No failure to elect directors at the designated time shall work any forfeiture or dissolution of the…