Cooke v. Outland

Plaintiff assigns as errors Judge Bundy’s three conclusions of law and the signing of the judgment.

Plaintiff bases his action in the nature of mandamus to enforce his rights as “a qualified shareholder” in the Bank of Rich Square to examine the books and records of account of the Bank of Rich Square upon the provisions of G.S. 55-38 (a) and (b). He bases that part of his action seeking to recover from the individual defendants $500 as a penalty for their refusing to allow him, pursuant to his written demand, to make such an examination of the books and records of account of the Bank of Rich…