State ex rel. Conlan v. Oudin & Bergman Fire Clay Mining & Manufacturing Co.

Citations

• 48 Wash. 196
• 93 P. 219
• 1908 Wash. LEXIS 828

Syllabus

<p>Corporations — Dissolution—Surrender of Privileges — Statute —Construction. A dissolution of a corporation is authorized under Bal. Code, §§ 5780, 5789, 5790, providing that an information may be filed against a corporation which does or omits acts amounting to a surrender of its privileges, and shall be dissolved if found guilty of unlawfully exercising any office, where it appears that the owner of one-half of the stock assumed to represent the corporation without authority, destroyed its business through negligence, is conducting a rival business, and refuses to elect or help elect a trustee, by reason whereof no business can be legally transacted.</p>