Wenzel v. Palmetto Brewing Co.

Citations

• 48 S.C. 80
• 26 S.E. 1
• 1896 S.C. LEXIS 153

Syllabus

<p>1. Inspection of Books — Corporation—Order.—An order requiring a defendant corporation to deposit its books for inspection should not be granted except upon motion properly noticed, aud upon affidavit showing that inspection had been denied, and stating such facts as call for the exercise of this discretion.</p> <p>2. Corporation — Stockholder—Injunction—Receiver.—In order that a stockholder of a corporation may maintain an action against the president and directors to restrain them from mismanagement of the affairs of the corporation, and for the appointment of a receiver, he must show that he has endeavored to get redress of his grievances within the corporation, or he must show facts which would justify a Court in concluding that an effort for redress within the corporation would be unavailing.</p>