This case has been cited 1 times or more.
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2009-09-04 |
BRION, J. |
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| In support of its arguments, VVCC cites the Court's ruling in the 1927 El Hogar[6] case which states: Owing to the failure of a quorum at most of the general meetings since the respondent has been in existence, it has been the practice of the directors to fill in vacancies in the directorate by choosing suitable persons from among the stockholders. This custom finds its sanction in Article 71 of the By-Laws, which reads as follows: | |||||