Michigan Wolverine Student Co-Operative, Inc. v. Wm. Goodyear & Co.

In this case a bill of complaint was filed by plaintiff. corporation to set aside a deed of its real property to the defendant, on the ground that it had been executed and delivered by plaintiff’s officers by authority of its directors without the consent of its members, contrary to the provisions of section 57 of the general corporation act. * Plaintiff is a Michigan nonprofit corporation organized for the purpose of promoting student welfare at Ann Arbor. The defendant is a Michigan corporation carrying on a mercantile business in the city of Ann Arbor. The Ann Arbor Trust Company was also…