Naftalin v. La Salle Holding Co.

Action to restrain tbe enforcement of an amendment to tbe articles of incorporation of defendant La Salle Holding Company, in wbicb plaintiff bad judgment and defendants appealed.

Tbe facts are not in material dispute. Defendant La Salle Holding Company is a corporation organized and existing under tbe laws of this state, having been so organized on June 23, 1916. Tbe other defendants are officers and agents of tbe company. Capital stock in tbe sum of $200,000 was authorized by its articles of incorporation, divided into 2,000 shares of $100 each. In May, 1920, tbe company was indebted on…