Slay v. Polonia Publishing Co.

Plaintiff, the owner of one share of stock in the defendant company, petitioned for mandamus to compel its officers to permit him to inspect and examine the books and statements of the corporation. Defendant seeks review by certiorari of the order of the trial court granting the writ,

Plaintiff’s right thereto is based upon the following provision in section 11, chap. 1, pt. 2, Act No. 84, Pub. Acts 1921 (Comp. Laws Supp. 1922, § 9053 [50]):

“The books of every corporation containing its accounts shall be kept, and shall at all reasonable times be open in the city, village or town where such…