State v. Bailey Dental Co.

The defendant was organized as a domestic corporation on October 1, 1913, for the purpose of carrying on the business in which it is now engaged, and obtained a franchise therefor from the secretary of state. It was organized under the name appearing in the caption herein. Its incorporators and only stockholders were R. W. Bailey and G. D. Shipherd, and these constituted its officials. Its present officials are Shipherd, Bedell, and Ruder. The facts were stipulated in the record in the court below. The material facts thus stipulated are summarized in the appellant’s brief as follows:

“1. The…