Fontanel

Guaranty Loan Co. v. Fontanel

Good Law
183 Cal. 1·1920 Cal. LEXIS 365·190 P. 177
Supreme Court of CaliforniaMay 20, 1920S. F. No. 9238.California3,236 words

Opinion

Lead Opinion

Application, for a writ of mandate directed to respondent, Louis Fontanel, commanding him to deliver to petitioners the seal, books, records, and other personal property pertaining to the office of the secretary of the Guaranty Loan Company, a corporation, of which Bernard E. Tormey is alleged in the petition here to be the secretary.

The parties to this proceeding have stipulated as to the main facts of the case, and, so far as they are essential to a determination of the questions herein involved, they may be summarized as follows:

The Guaranty Loan Company is a corporation having an issued and outstanding capital stock of 324 shares. The Goewey Estate Company is also a corporation with an outstanding capital stock of one thousand shares,' one-fifth of which is owned by Charles Goewey. The Estate Company is what is commonly called a holding company, owning and holding all of the stock of the Guaranty Company with the exception of three shares which stand of record, one in the name of Charles H. Goewey, one in the name of Louis Fontanel, and the remaining share in that of Richard P. Roberts. These last-mentioned shares were also actually owned by the Estate Company, but had…

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