Geiman-Herthel Furniture Co. v. Geiman

The opinion of the court was delivered by

Wedell, J.:

This was an action by the president and two other stockholders of a domestic corporation against the manager and *347one other stockholder — there being a total of six stockholders — to be declared to have stockholders’ voting control of the corporation, and in the alternative to have a receiver appointed and the corporation liquidated. The third stockholder held only one share of each common and preferred stock. She was out of the state and was not made a party to the action.

The plaintiffs held the majority of the preferred stock and contended…