State ex rel. Beaty v. Guarantee Manufacturing Co.

Citations

• 103 Wash. 151
• 174 P. 459
• 1918 Wash. LEXIS 1073

Syllabus

<p>Corporations — Stockholders — Inspection op Books. A trade competitor of a corporation cannot, by acquiring a small amount of dormant stock, demand an inspection of the corporate books, minutes, and trade secrets, in the absence of any by-law on the subject of inspecting records; and it appearing that the demand was not in good faith and not in the best interests of the corporation, the inspection allowed will be confined to the book containing the names of the stockholders, according to Rem. Code, § 3701.</p>