Procter Coal Co. v. Finley
Court of Appeals of Kentucky
Case 68 — PETITION EQUITY — APPEAL PROM JEFFERSON CIRCUIT. COURT, CHANCERY DIVISION. 1. Public policy does not interfere with the rights of a stockholder in a strictly private corporation to delegate to another the right to vote his stock, or to surrender the right to act as a director. While the right to vote the stock or to act as director is secured by statute, it is a personal right in the exercise of which the public has no concern per ae.
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Case 68 — PETITION EQUITY — APPEAL PROM JEFFERSON CIRCUIT. COURT, CHANCERY DIVISION. 1. Public policy does not interfere with the rights of a stockholder in a strictly private corporation to delegate to another the right to vote his stock, or to surrender the right to act as a director. While the right to vote the stock or to act as director is secured by statute, it is a personal right in the exercise of which the public has no concern per ae. (Murphy v. City of Louisville, 9 Bush, 195; Burke v. Stevenson, 8 Bush, '42; Moss v. Scott, 84 Ala., 611; Faulds v. Yates, 57 Ill., 416; White v.…
1Opinion of the Court
JUDGE EASTIN
delivered the opinion of the court.
This action was brought by appellants, Procter Coal Company, W. E. Crinstead, claiming to be its ¡president, H. C., Grinstead, claiming to be its secretary and treasurer, and various individuals claiming to be members of its board of' directors, against the appellees, seeking to enjoin the latter-from interfering in any manner with the possession and control of the books, papers or property of the Procter Coal *408Company, and from molesting in any manner tlie individual appellants in the exercise of their alleged rights and duties as the president,…
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- P. B. Mathiason Manufacturing Co. v. MathiasonMissouri Court of Appeals · 1907
- Western Cottage Piano & Organ Co. v. BurrowsAppellate Court of Illinois · 1908
- State, Ex Rel. Fritz v. GrayOhio Court of Appeals · 1925
- Commonwealth ex rel. Brant v. Garrett Water Co., Pennsylvania Court of Common Pleas, Somerset County1941
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