Cooper v. Nutt

Mr. Presiding Justice Jones

delivered the opinion of the court.

The plaintiff, Alan M. Cooper, brought an action in debt against the defendant, Lester E. Nutt, to recover a penalty under section 38 of chapter 32 of the Revised Statutes entitled “An Act in Relation to Corporations for Pecuniary Profit.” Cahill’s St. ch. 32, 38. This section provides that each stockholder of a corporation shall have the right, at all reasonable times, by himself or by his attorney, to examine its records and books óf account; and that any officer or director, who denies permission to do so, shall be liable to the…