Tallant v. Executive Equities, Inc.

Mobley, Chief Justice.

This appeal is from a judgment sustaining a motion to dismiss the equitable complaint of Fred C. Tallant, Sr., against Executive Equities, Inc.

Tallant filed his equitable complaint in Fulton Superior Court on April 19, 1972, alleging that he is the owner of 60% of the Class B stock of the corporation, and seeking to require the corporation to allow him to examine its books and records, to enjoin the corporation from offering for sale a proposed issue of 1,900,000 Class B stock, and to temporarily enjoin the corporation from selling such stock until the denial of a…