Casady v. Lacy

— Appellant brought this action against appellee, the complaint alleging in substance that on or about the — day of November, 1924, the parties hereto, and two other persons, were the owners of all of the issued capital stock of Ragland’s Incorporated, a corporation organized under the laws of this state, and engaged in the wholesale millinery business in the city of ' Indianapolis, Indiana; that appellant owned 35 shares of said stock, Edward M. Ragland 60 shares, James E. Miller 60 shares and appellee 60 shares; that said corporation was losing money and threatened with insolvency, which…