Barnett v. Mayer & Bros.

Citations

• 119 Wash. 323
• 205 P. 396
• 1922 Wash. LEXIS 773

Syllabus

<p>Corporations (82) — Stockholders’ Meetings — What Constitutes. A conference between members of a family holding all the stock in a corporation, for the purpose of determining business policies, will not be held to be a stockholders’ meeting, where it was not so intended and no corporate record was made of what transpired.</p> <p>Same (121) — Agents—Removal. An employee of a corporation is not discharged by a vote of the stockholders, authorizing a certain officer to discharge him, where such officer refused to do so, for reasons apparently justifying such course; nor would he be discharged by notice from another officer not authorized by affirmative action of the corporation, so to do, no such affirmative action being possible because the hostile factions held an equal interest and control in the company.</p>