Floor v. Johnson

PRATT, Justice.

This is a suit in equity, commenced February 2, 1946, in which the plaintiff Nick Floor, on behalf of himself and all other stockholders of the New Quincy Mining Company similarly situated, sought to have cancelled and set aside some 200,000 shares of New Quincy Mining Company stock alleged to have been fraudulently issued for voting purposes; to enjoin future voting or sale thereof and to have certain named individuals declared elected as. directors of the New Quincy Mining Company, in place of those sued as defendants, whose election was founded upon a majority vote computed…