Legal Opinion

State ex rel. Doyle v. Laughlin

Missouri Court of Appeals

Decided April 17, 1893PublishedCited by 12 opinions

Appeal from the Bates Circuit Cowrt. — Hon. James H. Lay, Judge. (1) Growing out of the relation which the shareholder sustains to the corporation and corporate property and to the directors, as the mere agents or trustees of the corporation, we maintain his right at all reasonable times and in all reasonable ways, and for all reasonable purposes, to have an inspection of the books of the -corporation.

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Appeal from the Bates Circuit Cowrt. — Hon. James H. Lay, Judge. (1) Growing out of the relation which the shareholder sustains to the corporation and corporate property and to the directors, as the mere agents or trustees of the corporation, we maintain his right at all reasonable times and in all reasonable ways, and for all reasonable purposes, to have an inspection of the books of the -corporation. In this view of the law, we are sustained by the best elementary writers. 1 Morawetz on Corporations, sec. 473; Boone on Corporations, sec. 157, note 3; High on Mandamus, sees. 308, 310; Angelí…

1Opinion of the CourtSmith, P. J.

— This is a proceeding by mandamus. The relator is a private banker (section 2763), carrying on the business of banking in the village of Rockville, Bates county, and the respondents are the directors and three of whom are the executive officers of the Bank of Rockville, a corporation organized under the provisions *546of article 7, chapter 42, Revised Statutes, also carrying on a like business in the same village. The capital stock of the said incorporated bank is $10,000 divided into one hundred shares of $100 each, and of which stock the relator is the owner of twenty-five shares. The relator…

2Cases cited5 opinions

  1. Union National Bank v. HuntSupreme Court of Missouri · 1882
  2. State ex rel. Martin v. Bienville Oil Works Co.Supreme Court of Louisiana · 1876
  3. Lewis v. BrainerdSupreme Court of Vermont · 1881
  4. State ex rel. Spinney v. Sportsman's Park & Club Ass'nMissouri Court of Appeals · 1888
  5. State ex rel. Wilson v. St. Louis & San Francisco Railway Co.Missouri Court of Appeals · 1883

3Cited by12 opinions

  1. Guthrie v. HarknessSupreme Court of the United States · 1905
  2. Varney v. BakerMassachusetts Supreme Judicial Court · 1907
  3. Moore v. Rock Creek Oil Corp.Texas Commission of Appeals · 1933
  4. State ex rel. Weinberg v. Pacific Brewing & Malting Co.Washington Supreme Court · 1899
  5. State Ex Rel. G. M. Gustafson Co. v. Crookston Trust Co.Supreme Court of Minnesota · 1946

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