Sharp v. Robinson

MOREMEN, Chief Justice.

Appellant instituted this action against Central District Warehousing Corporation, hereinafter called the Corporation, and the remaining members of its Board of Directors. The action sought a permanent injunction to prohibit the Board of Directors from unseating appellant as a director of the corporation. The annual meeting of the shareholders was held on July 13, 1959, at which meeting appellant was elected to the Board of Directors — the term of office to be one year. On July 18, 1959 a temporary restraining order was issued by the Fayette Circuit Court pursuant to a…