Cartwright v. Albuquerque Hotel Co.

This case involves numerous parties, pleadings, and issues. To keep the opinion within bounds, we shall omit everything unnecessary to the decision.

Plaintiff, an owner of common stock of de-v fendant Albuquerque Hotel Company, a domestic corporation, sued to obtain an adjudication of the invalidity of an attempted amendment of article IV of the certificate of incorporation, changing the rights of the holders of preferred stock. Formerly the holders of^ such stock were entitled to noncumulative 8 per cent, dividends. The amendment at-' tempts to give them the right to 8 per cent, dividends…