Talley v. Dadds

This appeal comes here from a decree overruling a demurrer to the appellees’ bill. The bill was filed by several policyholders of the Home Friendly Insurance Company (of Baltimore), a Maryland corporation, claiming to have been regularly elected directors, of the company, at the annual meeting of its policyholders held May 4th, 1931, and seeking an injunction to restrain a rival board of directors, who were their own successors, from exercising any of the duties, of directors of the corporation, on the charge that the latter were holding their offices by virtue of an illegal and void election.