(Download) "Williams V. Young" by Division Two Court of Appeals of Washington # eBook PDF Kindle ePub Free
eBook details
- Title: Williams V. Young
- Author : Division Two Court of Appeals of Washington
- Release Date : January 28, 1972
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 56 KB
Description
On the afternoon of August 28, 1969, the membership of Highline Savings and Loan Association adopted a resolution, which amended its articles of incorporation and its bylaws so as to change the par value of its permanent nonwithdrawable stock from $10 per share to $1 per share.*fn1 The immediate effect of the adoption of such a resolution was a tenfold increase in the voting potential of those "members" who were owners of such stock certificates. More particularly, since the resolution in no way altered the voting potential of the depositor members, the resolution caused a shift in the balance of the voting potential from a previous 40,000 for stockholders and approximately 260,000 for depositors*fn2 to 400,000 for stockholders as against the same 260,000 for depositors.
 "Williams V. Young" by Division Two Court of Appeals of Washington # eBook PDF Kindle ePub Free){kind=link}