Bissell v. Taylor

This is a representative action brought by the plaintiff on his own behalf, and for the benefit of all other stockholders, against the defendant Benjamin H. Taylor, president of the defendant Nypenn Oil Company, Inc., and Henry B. Taylor, a stockholder of said corporation, because of their alleged negligent and wrongful acts in wasting the assets of the company.

Defendants move to dismiss the complaint and to strike from the records of the Chautauqua county clerk’s office the Us pendens filed by the plaintiff herein, or, in event of the denial of such relief, that the plaintiff be required to…