Chavco Inv. Co., Inc. v. Pybus

COULSON, Justice.

Appellant, Chavco Investment Co., Inc., appeals from the granting of a writ of mandamus in favor of appellee, Jack Pybus. We affirm.

Appellee, Jack Pybus, owns 15,000 shares of stock in Chavco Investment Co. — 10,000 shares were issued to him on December 24, 1970, and 5000 shares on January 15, 1977. There are 30,000 outstanding shares in appellant corporation. On December 14,1978, appellee authorized his attorney to send written demand to appellant that he be granted the right to examine, in person or by his agent, all the books and records of the corporation. Appellee stated…