Legal Opinion
Marble v. Latchford Glass Co.
California Court of Appeal
Decided June 27, 1962No. Civ. 25852PublishedCited by 6 opinions
1Opinion of the CourtFox, P. J.
Plaintiffs brought this action to enjoin the issuance of preferred stock by defendant Latchford Glass Company to holders of its common stock as a stock dividend. This is an appeal from an order requiring plaintiffs to post security under section 834 of the Corporations Code in the amount of $5,000 in order to pursue this representative suit.
At a meeting of the board of directors 1 held on July 27, 1960, defendant Ingold presented a proposal for the issuance of preferred stock to the holders of the common stock as a stock dividend for its consideration. At that time, he explained that the…
2Cases cited6 opinions
- Fairchild v. Bank of AmericaCalifornia Court of Appeal · 1961
- Fornaseri v. Cosmosart Realty & Building Corp.California Court of Appeal · 1929
- Olson v. Basin Oil Co.California Court of Appeal · 1955
- Wood v. GordonCalifornia Court of Appeal · 1952
- Barber v. Lewis and Kaufman, Inc.California Court of Appeal · 1954
1 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Federal Sav. and Loan Ins. Corp. v. MusacchioDistrict Court, N.D. California · 1988
- Burt v. Irvine Co.California Court of Appeal · 1965
- Woodman v. AckermanCalifornia Court of Appeal · 1967
- Johnson v. Tago, Inc.California Court of Appeal · 1986
- Martha H. Oser v. R. C. Wilcox, R. Ronketti, G. E. Johnson, John G. McKean H. W. Houston, Houston Fearless CorporationCourt of Appeals for the Ninth Circuit · 1964
1 more not listed; retrieve them via the Exa API.