Lake v. Buckeye Steel Castings Co.

Ohio Supreme Court

Lake v. Buckeye Steel Castings Co.

31 Ohio Law Rep. 26

CourtOhio Supreme Court

DecidedApril 21, 1965

Docket38633

StatusPublished

This text of 31 Ohio Law Rep. 26 (Lake v. Buckeye Steel Castings Co.) 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

Lake v. Buckeye Steel Castings Co., 31 Ohio Law Rep. 26 (Ohio 1965).

Pincite

Opinion

Schneider, Judge.

[27]*271. Where a shareholder of a corporation demands in writing an inspection of his shareholder lists in order to communicate with other shareholders “regarding the affairs of the corporation”, he states a specific purpose which is reasonable and proper in the absence of any evidence to the contrary by the corporation seeking to excuse its failure to comply with that demand. (Section 1701.-37 (C), Revised Code, applied.)

2. When a shareholder of a corporation makes written demand for an inspection and copy of its shareholder lists and states a specific purpose for the demand, which on its face is not improper or unreasonable, the corporation has the burden of proving the contrary in order to excuse its failure to comply with that demand. (Section 1701.37 (C), Revised Code, applied. )

Judgment affirmed.

Taft, C. J., Zimmerman, Matthias, O’Neill, Herbert and Brown, JJ., concur.

Free access — add to your briefcase to read the full text and ask questions with AI

Schneider, Judge.

[27]*271. Where a shareholder of a corporation demands in writing an inspection of his shareholder lists in order to communicate with other shareholders “regarding the affairs of the corporation”, he states a specific purpose which is reasonable and proper in the absence of any evidence to the contrary by the corporation seeking to excuse its failure to comply with that demand. (Section 1701.-37 (C), Revised Code, applied.)

2. When a shareholder of a corporation makes written demand for an inspection and copy of its shareholder lists and states a specific purpose for the demand, which on its face is not improper or unreasonable, the corporation has the burden of proving the contrary in order to excuse its failure to comply with that demand. (Section 1701.37 (C), Revised Code, applied. )

Judgment affirmed.

Taft, C. J., Zimmerman, Matthias, O’Neill, Herbert and Brown, JJ., concur.

Cite This Page — Counsel Stack

Bluebook (online)

31 Ohio Law Rep. 26, Counsel Stack Legal Research, https://law.counselstack.com/opinion/lake-v-buckeye-steel-castings-co-ohio-1965.