Harmeyer v. Anderson

WESTERFIELD, Judge.

Tbe ' Harmeyer Service, Inc., was organized with a capital of $30,000, represented by 300 shares of stock of tbe par value of $100 each. The original subscribers to the stock were as follows:

Arthur A. Harmeyer, 149 shares.

Thomas 0. Anderson, 149 shares.

Harry D. Smith, Jr., 1 share.

Emory D. Flowers, 1 share.

The charter of the corporation contained a provision providing for preemptive rights of the original subscribers reading as follows:

“No stockholder may sell his stock in this corporation unless thirty (30) days previous notice in writing of such intention to sell is given…