Steele v. Farmers & Merchants Mutual Telephone Ass'n

*581The opinion of the court was delivered by

Burch, J.:

The action is one to compel by writ of mandamus the transfer to the plaintiff of shares of stock of the Farmers and Merchants Mutual Telephone Company on the books of the corporation.

The telephone company was organized under the general corporation law to do a general telephone business. The amount of its capital stock is $38,000, divided into shares of $35 each, about 800 of which have been issued. The plaintiff holds 225 certificates for one share each, issued to stockholders and assigned to the plaintiff by formal assignment in writing…