McShane v. Carter

Citations

• 80 Cal. 310
• 22 P. 178
• 1889 Cal. LEXIS 909

Syllabus

<p>Mining Ground—Effects of Conveyance by Directors without Ratification by Stockholders. —Under the act of 1880, the directors of a mining corporation have no power or authority to convey the mining ground of the company without the consent of the holders of two thirds of the capital stock. A conveyance without such consent does not pass the title.</p> <p>Id.—Mining Ground — Ditch — Appurtenance. — The term “mining ground,” as used in the statute, includes all appurtenances. And a ditch by means of which the mine was operated is an appurtenance.</p>