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ZIEGLER v. AMERICAN MAIZE-PRODUCTS CO.

658 A.2d 219 (1995)

William ZIEGLER III, et al. v. AMERICAN MAIZE-PRODUCTS COMPANY et al.

Supreme Judicial Court of Maine.

Order issued April 10, 1995.

Opinion issued May 11, 1995.

Attorney(s) appearing for the Case

Ralph I. Lancaster, John J. O'Leary, (orally), James B. Zimpritch, Catherine R. Connors, Pierce, Atwood, Scribner, Allen, Smith & Lancaster, Portland, for William Ziegler, III.

Peter J. DeTroy, Norman, Hanson & Detroy, Portland, Charles N. Brower, Anne Smith, Robert Morrow, White & Case, New York City, for First Fidelity Bank.

Jeffrey A. Thaler (orally), Berman & Simmons, Lewiston, for Steiner, et al.

James G. Goggin, Roy S. McCandless, Verrill & Dana, Portland, Robert S. Frank (orally), Harvey & Frank, Portland, Robert C. Myers, Jack Kaufmann, Michael C. Hefter, Dewey & Ballantine, New York City, for American Maize-Products.

Peter J. Rubin, (orally), David A. Soley, Bernstein, Shur, Sawyer & Nelson, Portland, for Steinkraus, et al.

Before WATHEN, C.J., and ROBERTS, GLASSMAN, CLIFFORD, RUDMAN, and LIPEZ, JJ.

WATHEN, Chief Justice.

Plaintiffs William Ziegler III and Fidelity Bank (Fidelity) appeal from the Superior Court's denial of their application for injunctive relief to bar the issuance of additional shares of Class B voting stock by Defendant American Maize-Products Company (American Maize) (Cumberland County, Brennan, J.). Plaintiffs premise their argument on the fact that 13-A M.R.S.A. § 902(3)1 specifically requires that...

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