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" Courts of equity will not interfere in the management of the directors, unless it is clearly made to appear that they are guilty of fraud or misappropriation of the corporate funds, or refuse to declare a dividend when the corporation has a surplus of... "
Law Governing Manufacturing and Mercantile Corporations and Corporations for ... - Página 9
de Michigan - 1909 - 38 páginas
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 204

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1919 - 800 páginas
...not interfere unless it is clearly made to appear that they See notes In I* RA 616; LRA 1915D, 1052. are guilty of fraud or misappropriation of the corporate...declare a dividend when the corporation has a surplus which it can, without detriment to its business, divide among its stockholders, and when a refusal...
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The Northwestern Reporter, Volume 47

1891 - 1280 páginas
...will not interfere with the management of the directors of a corporation unless it clearly appears that they are guilty of fraud or misappropriation...can without detriment to its business divide among ita stockholders, and when a refusal to do so would amount to such an abuse of discretion as would...
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A Treatise on the Law of Private Corporations: Divided with ..., Volume 1

Thomas Carl Spelling - 1892 - 736 páginas
...said: " Courts of equity will not interfere in the management of the directors unless it is clearly made to appear that they are guilty of fraud or misappropriation...business divide among its stockholders, and when a refusaKto do so would amount to such an abuse of discretion as would constitute a fraud or breach of...
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Corporate Finance and Accounting: Treating of the Corporate Finances and ...

Harry Clark Bentley - 1908 - 534 páginas
...earnings."17 " Courts of equity will not interfere in the management of the directors unless it is clearly made to appear that they are guilty of fraud or misappropriation...stockholders, and when a refusal to do so would amount to "Bond v. Barrow, etc. Co., 86 LT Rep. 10 (1902); Farlow, J. 15 Richardson v. Vt., etc. RR, 44 Vt. 613...
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American law reports annotated, Volume 3

1919 - 1804 páginas
...Law, 725. Courts of equity will not interfere in the management of the directors, unless it is clearly made to appear that they are guilty of fraud or misappropriation...would constitute a fraud, or breach of that good faith ПО NW 668.) which they are bound to exercise towards the stockholders." In 2 Cook on Corporations,...
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General Corporation Laws

Michigan - 1922 - 112 páginas
...not interfere in the management by the directors of the affairs of a corporation unless it is clearly made to appear that they are guilty of fraud or misappropriation of the corporate funds, or refuse ta declare a dividend when the corporation has a surplus of net profits which it can, without detriment...
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American law reports annotated, Volume 55

1928 - 1628 páginas
...NW 131, that courts of equity will not interfere in the management of directors unless it is clearly made to appear that they are guilty of fraud or misappropriation...of net profits which it can, without detriment to the business, divide among its stockholders, and when a refusal to do so would amount to such an abuse...
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American Law Reports Annotated, Volume 3

1919 - 1804 páginas
...Law, 725. Courts of equity will not interfere in the management of the directors, unless it is clearly made to appear that they are guilty of fraud or misappropriation...would constitute a fraud, or breach of that good faith ПО N. 1Г. 668.) which they are bound to exercise towards the stockholders." In 2 Cook on Corporations,...
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Baseball and the American Legal Mind

Spencer Weber Waller, Neil B. Cohen, Paul Finkelman - 1995 - 548 páginas
...said: "Coorts of equity will nut mterfere in the manngement of the direntors onless it is elearly mnde to appear that they are guilty of fraud or misappropriation of the corporate fonds, or refose to deelare a dicidend when the corporation has a sorplus of net profits which it ran,...
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Notes of Cases Relating to Railway, Private and Municipal ..., Volumes 1-5

1886 - 550 páginas
...Law, 725. Courts of equity will not interfere in the management of the directors unless it is clearly made to appear that they are guilty of fraud or misappropriation...divide among its stockholders, and when a refusal todo so would amount to such an abuse of discretion as would constitute a fraud, or breach of that...
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