Neville v. Litchfield Carriage Co.
Supreme Court of Connecticut
Petition to the Superior Court for a decree dissolving the respondent corporation, the appointment of a receiver, and the winding up of its affairs, brought under the provisions of the statute, Gen. Statutes, p. 815, art. 5, sec. 2. The petitioners were more than one-third of the stockholders. The corporation was organized under the statute with regard to joint stock corporations.
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Petition to the Superior Court for a decree dissolving the respondent corporation, the appointment of a receiver, and the winding up of its affairs, brought under the provisions of the statute, Gen. Statutes, p. 815, art. 5, sec. 2. The petitioners were more than one-third of the stockholders. The corporation was organized under the statute with regard to joint stock corporations. The respondents demurred to the petition, and on the demurrer being overruled pleaded a former adjudication in bar and also a general denial. Tlie court (Martin, J.,) granted the prayer of the petition, appointed a…
1Opinion of the CourtGranger, J.
This is a petition brought upon the statute (Gen. Statutes, p. 315, sec. 2,) for winding up the affairs and decreeing the dissolution of a joint stock corporation. The statute is as follows: “The Superior Court in the county where any joint stock corporation is located may wind up its affairs and decree its dissolution on the petition of one-third of its stockholders, and may proceed in the manner provided in respect to the dissolution of corporations on the petition of a single stockholder.” The petitioners in the present case are more than one-third of the stockholders of the respondent…
2Cited by1 opinion
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