Seattle Trust & Savings Bank V. Mccarthy - Supreme Court of Washington

Seattle Trust & Savings Bank V. Mccarthy

By Supreme Court of Washington

  • Release Date - Published: 1980-10-16
  • Book Genre: Law
  • Author: Supreme Court of Washington
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Seattle Trust & Savings Bank V. Mccarthy Supreme Court of Washington read online review & book description:

In this declaratory judgment action, a bank and trust company seeks to establish the constitutionality of the action of a majority of its shareholders in voting to discontinue the preemptive right of existing shareholders to acquire unissued stock. The  action was taken in June 1979 pursuant to RCW 30.12.220, which provides:

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