Rights of the Minority Stockholder

Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: presenting new forms of neglect or fraud, ? equity Relief will intervene by injunctive or affirmative orders to prevent or cure the corporate wrong. tion The questions involved will be taken up as occasion requires, in other connections; but the predatory attitude on the part of the majority, which cases like these disclose, demands particular mention here. Attention should be called to the destructive nature of such acts, and the fact that, taken together, they constitute a group of courses which are outside the regions of legitimate business, and present an urgent need for equitable relief. Having explained both forms of abuses in their order, a few words will suffice to describe the attitude of the courts toward these elapses of wrongs, generally. Attitude of Courts. Where it is plain that the company i