Becker v. Germania Hall Co.

Citations

• 33 Ohio C.C. Dec. 633
• 22 Ohio C.C. (n.s.) 395
• 1908 Ohio Misc. LEXIS 406

Syllabus

<p>CORPORATIONS</p> <p>1. Dissolution of Corporation for Failure to Discharge Charter' Object.</p> <p>To justify the dissolution of a) corporation on the ground that it has never discharged its charter objects, a plain violation of its charter must be proven.</p> <p>2. Failure to Make Pecuniary Profits not Deviation of Charter Object.</p> <p>The fact that a corporation organized under Sec. 3262 R. S. (Sec. 8698 G. C.), as a corporation for profit, has never been so managed as to attempt to make a pecuniary profit for its stockholders, may not in itself be a deviation from its corporate object.</p> <p>3. Corporation Organized for Recreation Owning Building and Renting Part not Real Estate Corporation.</p> <p>A corporation organized for “musical, artistic and gymnastic purposes” which owns a building where societies meet for those purposes, but part of which is rented, does not because of such ownership become a real estate corporation.</p>