Keith v. State ex rel. Mills

Ohio Supreme Court

Keith v. State ex rel. Mills

3 Ohio Law. Abs. 723

CourtOhio Supreme Court

DecidedJuly 1, 1925

DocketNo. 19141

StatusPublished

This text of 3 Ohio Law. Abs. 723 (Keith v. State ex rel. Mills) is published on Counsel Stack Legal Research, covering Ohio Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Keith v. State ex rel. Mills, 3 Ohio Law. Abs. 723 (Ohio 1925).

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Opinion

DAY, J.

A corporation in amending its articles of incorporation pursuant to statutory authority may provide for preferred and common stock of different par values. When entitled to vote at an election for directors the voting power of all stock pursuant to Section 8636, General Code, is one vote for each share, whether common or preferred, there being no restrictions or qualifications thereof in the certificate of incorporation.

Judgment reversed.

Marshall, CJ., Jones, Matthias, Allen and Kinkade, JJ., concur. Robinson, J., not participating.

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DAY, J.

A corporation in amending its articles of incorporation pursuant to statutory authority may provide for preferred and common stock of different par values. When entitled to vote at an election for directors the voting power of all stock pursuant to Section 8636, General Code, is one vote for each share, whether common or preferred, there being no restrictions or qualifications thereof in the certificate of incorporation.

Judgment reversed.

Marshall, CJ., Jones, Matthias, Allen and Kinkade, JJ., concur. Robinson, J., not participating.

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Bluebook (online)

3 Ohio Law. Abs. 723, Counsel Stack Legal Research, https://law.counselstack.com/opinion/keith-v-state-ex-rel-mills-ohio-1925.