Clow v. Redman

Citations

• 6 Idaho 568
• 57 P. 437
• 1899 Ida. LEXIS 39

Syllabus

<p>Corporation — Dissolution—Copartnership.—In an action by a stockholder for the dissolution of a corporation and a distribution of its assets, the court, having found the existence of the corporation as such, the amount of the capital stock, and the amount of the same held by each stockholder, proceeded to distribute a part of the assets in specie among certain of the stockholders, without any finding as to the value of the same, and then decrees a sale of the balance of the property and a distribution of the proceeds of the sale* upon the basis of a copartnership. Held, error, as not being in conformity with the provisions of section 4330 of the Revised Statutes.</p> <p>(Syllabus by the court.)</p>