Field Measurement Service, Inc. v. Ives

OPINION

YOUNG, Justice.

This appeal of a take nothing judgment involves the rights in certain property of the appellant, B. W. Duke, both individually and as a stockholder of Field Measurement Service, Inc., in a derivative action. The act giving rise to the suit was the alleged fraudulent execution of a deed of property to a shareholder instead of to a different grantee intended by the corporation. Appellant brought suit for fraud and cancellation of a deed against the alleged perpetrators of the fraud, Roy and Ruby Ives, appel-lees, and a trespass to try title suit against the subsequent…