Panhandle Cooperative Royalty Company v. McLain
Supreme Court of Oklahoma
1DissentWelch, J.
(dissenting.)
I think the majority opinion confuses the right of a shareholder to examine corporate books to protect his own interests with the right here claimed by McLain to obtain a list of all other shareholders and addresses.
He definitely seeks this list for use for his own personal interests. Such a list in this or another corporation could be so used for many personal purposes far too numerous to mention.
Without permission of the stockholders I have grave doubt that such a list should be furnished to a stockholder any more than to a nonstockholder who wanted it for personal interest use.
2Cases cited21 opinions
- Guthrie v. HarknessSupreme Court of the United States · 1905
- United States Ex Rel. Turner v. FisherSupreme Court of the United States · 1911
- Morris v. Broadview, Inc.Illinois Supreme Court · 1944
- State v. Loft, Inc.Superior Court of Delaware · 1931
- State v. Penn-Beaver Oil Co.Supreme Court of Delaware · 1926
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