McDermott v. Bear Film Co.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• defining \ ultra vires \ as an action that is beyond the purpose or power of a corporation but not an action which is performed in an unauthorized manner or without authority
• failure to give notice of shareholders’ meeting to holders of 25% of stock harmless where approval of holders of remaining 75% was obtained for transfer of assets, applying Oregon law

Source: CourtListener parenthetical corpus (CC0).