Valkenberg v. Treasurer of Territory

OPINION OF THE COURT BY

GALBRAITH, J.

The appellant, a shareholder in a Hawaiian corporation, appointed a third party his agent, or proxy, to act and vote1 for him at a designated meeting of the stockholders of the corporation. The appointment was in writing and in form bore some resemblance to a power of attorney but was not under seal or acknowledged. It was headed “Stockholder’s proxy.” The Treasurer of the Territory, ruled, that this writing was a power of attorney and subject to a stamp- duty of $1.00 under Section 941, O. L. The appellant being dissatisfied with this ruling paid the duty…