Apartment Bldg. Co. v. Daugherty

California Supreme Court

Apartment Bldg. Co. v. Daugherty

213 P. 983, 190 Cal. 521, 1923 Cal. LEXIS 567

CourtCalifornia Supreme Court

DecidedMarch 1, 1923

DocketL. A. No. 7617.

StatusPublished

This text of 213 P. 983 (Apartment Bldg. Co. v. Daugherty) is published on Counsel Stack Legal Research, covering California Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Apartment Bldg. Co. v. Daugherty, 213 P. 983, 190 Cal. 521, 1923 Cal. LEXIS 567 (Cal. 1923).

Pincite

Opinion

This is an application for writ of mandamus to compel the respondent to passs upon petitioner's *Page 522 application for approval of a plan for issuing profit-sharing securities. The attorney-general has held that such profit-sharing securities are in effect preferred stock without the right to vote. In short, that the scheme proposed is a scheme for the increasing of the capital stock of the corporation without compliance with the laws relating to such increase of stock In this we think he is correct.

Writ denied.

Wilbur, C. J., Lawlor, J., Lennon, J., Waste, J., Seawell, J., Kerrigan, J., and Myers, J., concurred.

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This is an application for writ of mandamus to compel the respondent to passs upon petitioner's *Page 522 application for approval of a plan for issuing profit-sharing securities. The attorney-general has held that such profit-sharing securities are in effect preferred stock without the right to vote. In short, that the scheme proposed is a scheme for the increasing of the capital stock of the corporation without compliance with the laws relating to such increase of stock In this we think he is correct.

Writ denied.

Wilbur, C. J., Lawlor, J., Lennon, J., Waste, J., Seawell, J., Kerrigan, J., and Myers, J., concurred.

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Bluebook (online)

213 P. 983, 190 Cal. 521, 1923 Cal. LEXIS 567, Counsel Stack Legal Research, https://law.counselstack.com/opinion/apartment-bldg-co-v-daugherty-cal-1923.