Legal Opinion

Horn v. Kaupp

South Dakota Supreme Court

Decided January 4, 1967No. File 10317PublishedCited by 1 opinion

1Opinion of the Court

puted that the votes cast were correctly tabulated and Voelzke and Horn received the largest number of votes. Both accepted the offices to which they were elected and assumed their duties as members of the board of directors. 5

In our opinion the board of directors exceeded its authority when it declared the election void and unseated Horn. Horn had become a member of the board of directors. The general rule is stated in 19 Am.Jur.2d, Corporation, § 1107, p. 547:

"As regards officers elected by the corporation itself, there is no implied power of removal vested in the directors. Officers so…

2Cases cited5 opinions

  1. Blish v. Thompson Automatic Arms Corp.Supreme Court of Delaware · 1948
  2. Wharton v. Fidelity-Baltimore National BankCourt of Appeals of Maryland · 1960
  3. Ehlers v. JonesSouth Dakota Supreme Court · 1965
  4. Dubois v. Century Cement Products Co.Supreme Court of New Jersey · 1936
  5. Goetsch v. Home Owners' Loan Corp.South Dakota Supreme Court · 1940

3Cited by1 opinion

  1. Kroeger v. Sioux Falls Humane SocietySouth Dakota Supreme Court · 1968

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