Penn v. Pemberton & Penn, Inc.

How courts have described this case

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

• affirming the trial court’s refusal to order liquidation under a statute then in force
• Failure to declare dividends is actionable if it “is so arbitrary, or so unreasonable, as to amount to a breach of trust”
• Failure to declare dividends is actionable if it “is so arbitrary, or so unreasonable, as to amount to a breach of trust”

Source: CourtListener parenthetical corpus (CC0).