Bassett v. Atwater
| Court | Connecticut Supreme Court |
| Writing for the Court | ANDREWS, C. J. |
| Citation | Bassett v. Atwater, 65 Conn. 355, 32 A. 937, 32 L.R.A. 575 (Conn. 1895) |
| Decision Date | 08 January 1895 |
| Parties | BASSETT et al. v. ATWATER et al. |
Appeal from superior court, New Haven county; Prentice, Judge.
Application for alternative writ of mandamus by Royal M. Bassett and others, directing William C. Atwater and others, as officers of the Derby Rubber Company, to call a meeting of the stockholders of said company. The writ was quashed upon motion, and petitioners appeal. Reversed.
Edwin B. Gager and William S. Downs, for appellants.
Henry Stoddard and V. Munger, for appellees.
The plaintiffs are the owners and holders of more than 200 shares— indeed, of a majority of all the shares—of the capital stock of the Derby Rubber Company, a joint-stock corporation formed under the laws of this state, and located at Derby. The defendant William C. Atwater is the president, and William F. Askam is the secretary, of said corporation. One of the by-laws (the sixth) of said corporation provides, in respect to annual meetings, that: "A written or printed notice of such annual meeting, and also of each special meeting of said corporation, specifying the place, day, and hour of such meeting, shall be given by the president or secretary to each stockholder by leaving it with him or at his residence or usual place of business, or by depositing it in some post office for transmission by mail, postage paid, addressed to him at his last known place of residence, at least five days before said meeting." Another by-law (the seventh) enacts that: "Special meetings of the stockholders of said corporation may be held at any time upon the notice hereinbefore specified, and the secretary or president shall give such notice upon the request in writing of stockholders holding two hundred shares of the capital stock of said corporation calling for such special meeting, and shall specify therein the object and purpose of such meeting." On the 4th day of April, 1894, the plaintiffs united in a written request to the defendants, asking them to call a special meeting of the stockholders of said corporation, specifying therein the object and purpose of such meeting, and also naming a place, a day, and an hour for the holding of the same, which request was on said day placed in the hands of each of said defendants. But the defendants refused to call any such meeting. Thereupon the plaintiffs made application to the superior court for a writ of peremptory mandamus requiring and commanding the defendants to call such a special meeting. An alternative writ was issued, and duly served; and on the return day the defendants appeared in court, and moved to quash the said alternative writ, alleging various reasons for such motion. The court found the application and alternative writ to be insufficient in the law, granted the motion, and quashed the alternative writ. The plaintiffs appealed.
61 Conn. 570, 24 Atl. 1040. We understand this to be the general doctrine in America and England at the present day. Mr. High, in the very first section of his valuable work on Mandamus, says: And in the tenth section: ...
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