Hexter v. Columbia Baking Co.

The Chancellor.

The question of law which this case presents is whether or not stockholders may by withdrawing themselves from the regular annual meeting of stockholders break the quorum which but for such withdrawal would otherwise exist, and thereby render the meeting impotent to transact the business for which it was convened.

*265There is some dispute of fact concerning what took place immediately prior to the withdrawal of Zabriskie and Tipton. The following is found by the court to be what occurred. Proxies had been invited from stockholders in which five persons, Hexter, Zabriskie, Romine,…