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Business Organizations Law

Washington Law Review

1953

Articles 1 - 4 of 4

Full-Text Articles in Law

Corporations, J. Gordon Gose Aug 1953

Corporations, J. Gordon Gose

Washington Law Review

Covers corporate charitable contributions.


Corporations—Right Of Director To Inspect Corporate Books, Robert F. Brachtenbach May 1953

Corporations—Right Of Director To Inspect Corporate Books, Robert F. Brachtenbach

Washington Law Review

P, as a director and stockholder of a corporation, sought a writ of mandamus to compel the corporation's officers to make available for inspection by P certain corporate books and records. The court found that P's purposes in seeking inspection of the records were hostile to the corporation and if consummated would be inimical to the best interests of the corporation. The trial court dismissed P's petition. Held: Affirmed. State ex rel. Paschall v. Scott, 141 Wash. Dec. 62, 247 P.2d 543 (1952).


Corporations—Merger—Lawful Business Purpose, Gordon L. Jaynes Feb 1953

Corporations—Merger—Lawful Business Purpose, Gordon L. Jaynes

Washington Law Review

P, a minority stockholder in Z Corp., voted against a proposed agreement between Z and X Corp., whereby the shareholders of Z, in consideration of payment of $100, were to grant an option for over eighteen months, to purchase all shares of Z. D, a principal stockholder and director in Z, organized Y Corp., in which D was principal stockholder and director. Y had an authorized capitalization including both common and redeemable preferred stock. The directors of Z and Y approved a merger agreement between the two corporations, wherein shareholders of Z received one share of redeemable preferred stock in …


The Charging Order Under The Uniform Partnership Act, J. Gordoln Gose Feb 1953

The Charging Order Under The Uniform Partnership Act, J. Gordoln Gose

Washington Law Review

Substantially the same procedure prevailed throughout the United States under general execution statutes where the successive steps generally consisted of: (1) seizure of some or all of the partnership property under writ of execution; (2) sale of the debtor partner's "interest in the property"; (3) acquisition of the debtor partner's interest "in the property" by the purchaser at the execution sale, subject, however, to the payment of partnership debts and prior claims to the firm against the debtor partner; (4) compulsory dissolution and winding up of the partnership, and (5) distribution to the execution purchaser of the debtor partner's share …