Morris v. the United Piece Dye Works

The opinion of the court was delivered by

Colie, J.

Relator'holds 20 shares of preferred stock in the respondent corporation out of an outstanding issue of 66,447 shares. He desired a list of the preferred stockholders for the purpose of presenting to them a plan of recapitalization and communicated that desire to the company but it declined to grant the request and countered with the suggestion that relator might meet with a committee appointed by the hoard of directors and discuss the plan of recapitalization with it. This offer relator declined.

The law is settled that a stockholder has a…