CORPORATIONS-VOTING TRUST AGREEMENTS - EXTENSIONS BEYOND STATUTORY LIMIT

Authors

Abstract

A voting trust agreement provided that the trust should continue for ten years from the date thereof, and authorized the trustees at the expiration of such term to renew the agreement for a further term. Held, that under the New York statute limiting voting trusts to ten years the agreement was valid for such period, but the provision authorizing renewal was invalid. Kittinger v. Churchill Evangelistic Ass'n, 151 Misc. 350, 271 N. Y. S. 510 (1934).

Recommended Citation

CORPORATIONS-VOTING TRUST AGREEMENTS - EXTENSIONS BEYOND STATUTORY LIMIT, 33 Mich. L. Rev. 804 (1935).
Available at: https://repository.law.umich.edu/mlr/vol33/iss5/10