Miller v. Stockholders & Directors of Renfrew of Mounted, Inc.

Motion to nullify the acts and transactions had at the stockholders’ meetings held on December 6, 1955, December 27, 1955 and January 6, 1956 and the directors’ meeting held on January 6, 1956, is denied.

The subject corporation was organized under the Stock Corporation Law on June 19, 1950. The authorized and issued capital stock is 100 shares common stock, no par value. Petitioner owns 5 shares. Prior to the meetings sought to be nullified petitioner was a director and secretary of the corporation. Some time during 1955 the petitioner ceased to be the attorney for the vice-president of the…