Ohio Consolidated Telephone Co. v. Communications Workers

162 N.E.2d 905, 83 Ohio Law. Abs. 353, 1959 Ohio Misc. LEXIS 276
CourtClinton County Court of Common Pleas
DecidedOctober 6, 1959
DocketNo. 18270
StatusPublished
Cited by1 cases

This text of 162 N.E.2d 905 (Ohio Consolidated Telephone Co. v. Communications Workers) is published on Counsel Stack Legal Research, covering Clinton County Court of Common Pleas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ohio Consolidated Telephone Co. v. Communications Workers, 162 N.E.2d 905, 83 Ohio Law. Abs. 353, 1959 Ohio Misc. LEXIS 276 (Ohio Super. Ct. 1959).

Opinion

OPINION

By SWAIM, J.

On February 13, 1959, within the Rule day for the filing of an Amended Petition herein, by the Plaintiff, as fixed by this Court of Common Pleas in its Entry and Order of December 31, 1958, Journal 104, page 259, there was filed in this Case, a Motion in the following words:

MOTION

Now comes General Telephone Company of Ohio and represents that it is the successor in interest of Ohio Consolidated Telephone Company by reason of a purchase of all the assets and choses in action of Ohio Consolidated Telephone Company, and as such successor in interest, requests the Court for an order substituting General Telephone Company of Ohio for Ohio Consolidated Telephone Company as the. Party Plaintiff.

/s/ Power, Griffith & Jones

/s/ Chester P. Fitch

Attorneys for Plaintiff.

With the said Motion, the said attorneys forwarded a proposed Entry of Substitution of Party Plaintiff, together wúth an Amended Petition in the name of the substituted Party Plaintiffs.

Although the Motion was not signed by any officer of the General Telephone Company of Ohio, nor by any attorneys claiming to represent such company, the Defendants raised no objection to said Motion, [354]*354but did request a hearing in open Court, upon such Motion, to determine if the proper legal steps as to said alleged purchase were correct in detail.

Sec. 2307.25 R. C., reads in part:

On any other transfer of interest, the action may be continued in the name of the original party, or the court may allow the person to whom the transfer is made to be substituted for him.

In the hearing on said Motion before this Court of Common Pleas, there appeared on behalf of the Motion, William Postlewaite, Esq. of the firm of Messrs. Power, Griffith & Jones, Attorneys-at-Law, Columbus, Ohio, and there appeared on behalf of the Defendants, Herbert Shaffer, Esq., of the firm of Messrs. Waite, Schindel, Bayless & Schneider, Attorneys-at-Law, Cincinnati, Ohio. On behalf of the Motion, testimony was offered by Herbert J. Vrooman, of Marion, Ohio, former Secretary and Treasurer of Ohio Consolidated Telephone Company, and the present Controller of General Telephone Company, of Ohio; and several exhibits were presented in connection with his testimony. No other evidence of any kind was offered in support of or against said Motion. The Transcript of the proceedings before the Court, on said Motion, was filed in this case on August 15, 1959.

Two questions are involved in this matter of the Substitution of Party Plaintiff; one under the Corporation Act of Ohio, and the other under the Ohio Public Utilities Commission laws. The former will be considered herein first.

Sec. 1701.54 R. C. Action by shareholders or directors without a meeting. Unless the articles or the regulations otherwise provide, any action which may be authorized or taken at a meeting of the shareholders or of the directors, as the case may be, may be authorized or taken without a meeting in a writing or writings signed by all the shareholders who would be entitled to notice of a meeting of the shareholders held for such purpose, or by all the directors, respectively, which writing or writings shall be filed with or entered upon the records of the corporation. Any certificate with respect to the authorization or taking of any such action which is required to be filed in the office of the secretary of state shall recite that the authorization or taking of such action was in a writing or writings signed as specified in this section.

Sec. 1701.86 R. C. Voluntary Dissolution.- (A) A corporation may be dissolved voluntarily in the manner provided in this section. (B) A resolution of dissolution for a corporation shall set forth:

(1) That the corporation elects to be dissolved;

(2) Any additional provision deemed necessary with respect to the proposed dissolution and winding up.

(D) The directors may adopt a resolution of dissolution in the following cases:—

(3) When substantially all of the assets have been sold at judicial sale or otherwise;

(E) The shareholders at a meeting held for such purpose may [355]*355adopt a resolution of dissolution by the affirmative vote of the holders of shares entitling them to exercise two-thirds of the voting power of the corporation on such proposal or, if the articles provide or permit, by the affirmative vote of a greater or lesser proportion, though less than a majority, of such voting power, and by such affirmative vote of the holders of shares of any particular class as is required by the articles. Notice of the meeting of the shareholders shall be given to all the shareholders whether or not entitled to vote thereat.

(F) Upon the adoption of a resolution of dissolution, a certificate shall be prepared setting forth the following:

(1) The name of the corporation;

(2) A statement that a resolution of dissolution has been adopted;

(3) A statement of the manner of adoption of such resolution, and, in the case of its adoption by the incorporators or directors, a statement of the basis for such adoption;

(4) The place in this state where its principal office is or is to be iocated;

(5) The names and addresses of its directors and officers, unless the resolutions of dissolution is adopted by the incorporators, in which even the names and addresses of the incorporators shall be set forth in the certificate;

(6) The name and address of its statutory agent.

(G) Such certificate shall be signed as follows:

(1) When the resolution of dissolution is adopted by the incor-porators or a majority of them, the certificáte shall be signed by not less than a majority of them;

(2) When the resolution is adopted by the directors or by the shareholders, the certificate shall be signed by the president or a vice-president and by the secretary or an assistant secretary, unless, within thirty days after the adoption of the resolution, the officers shall fail to execute and file such certificate, in which event the certificate of dissolution may be signed by any three shareholders and shall set forth a statement that the persons signing the certificate are shareholders and are filing the certificate because of the failure of the officers to do so.

(H) A certificate of dissolution, filed in the office of the secretary of state, shall be accompanied by:

(I) An affidavit of one or more of the persons executing the certificate of dissolution or of an officer of the corporation containing a statement of the counties, if any, in this state in which the corporation has personal property or a statement that the corporation is of a type required to pay personal property taxes to state authorities only;

(2) A receipt, certificate, or other evidence showing the payment of all franchise, sales, use, and highway use taxes accruing up to the date of such filing, or that such payment has been adequately guaranteed;

(3) A receipt, certificate, or other evidence showing the payment of all personal property taxes accruing to the date of such filing;

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Bluebook (online)
162 N.E.2d 905, 83 Ohio Law. Abs. 353, 1959 Ohio Misc. LEXIS 276, Counsel Stack Legal Research, https://law.counselstack.com/opinion/ohio-consolidated-telephone-co-v-communications-workers-ohctcomplclinto-1959.