Walden Investment Group v. Pier 67, Inc.

Plaintiff, Walden Investment Group, appeals the trial judge's grant of defendant Pier 67, Inc.'s motion for summary judgment. We affirm.

Walden brought this action seeking a declaratory judgment to establish the method of electing directors in Pier 67, Inc. Walden contends that Pier 67's articles of incorporation should be construed as requiring a single election of directors.

Pier 67, Inc., is a Washington corporation. It presently has issued an outstanding 12,000 shares of class A stock and 308 shares of class B stock. The articles of incorporation provide that holders of class B stock are…