Tackney v. United States Naval Academy Alumni Ass'n

How courts have described this case

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

• addressing claim that election of board of trustees should be undone but finding no arbitrary conduct
• “It is a fundamental principle that the rules used to interpret statutes, contracts, and other written instruments are applicable when construing corporate charters and bylaws.”
• “The construction placed upon the ambiguous language before any controversy has arisen holds significant importance.”
• “Courts will not second-guess the actions of directors unless it appears that they are the result of fraud, dishonesty or incompetence.” (citations omitted)
• “It is a fundamental principle that the rules used to interpret statutes, contracts, and other written instruments are applicable when construing corporate charters and bylaws.” (cleaned up)
• “A corporation’s bylaws are construed under the principles governing contract interpretation.”

Source: CourtListener parenthetical corpus (CC0).