Nichols v. Olympia Veneer Company

The respondent, Olympia Veneer Company, is a corporation organized under the laws of this state, and is engaged in the business of manufacturing and selling wood products, particularly veneer. The shares of its capital stock have a par value of $1,000 each. The appellant, Matie E. Nichols, is the owner of one of such shares, having acquired it as the heir of her husband, who was one of the original subscribers to the capital stock of the respondent.

The respondent, while organized under the general statutes relating to the formation of manufacturing and business corporations (Rem. Comp. Stat.,…