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PORTER v. C.O. PORTER MACH'RY CO.

Docket No. 64, Calendar No. 45,710.

336 Mich. 437 (1953)

58 N.W.2d 135

PORTER v. C.O. PORTER MACHINERY COMPANY.

Supreme Court of Michigan.

Rehearing denied June 8, 1953.

Attorney(s) appearing for the Case

Harrington, Waer, Cary & Servaas, for plaintiffs.

Warner, Norcross & Judd (George S. Norcross and Conrad E. Thornquist, of counsel), for defendants.

SHARPE, J. (dissenting).

This is a suit by the minority stockholders of the C.O. Porter Machinery Company, Incorporated, against the company and Clare O. Porter and Dale G. Porter, as officers and directors, to restrain a contemplated sale of all of the assets of the company. The facts necessary to a decision are as follows: The C.O. Porter Machinery Company was incorporated in 1923, for a 30-year period. Its charter expired January 10, 1953. Plaintiffs are...

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