Aaron v. Critchell Parsons, Beaver Lodge Oil Corp.

Marvel, Vice Chancellor:

This derivative stockholders’ suit was filed on December 13, 1956, having been preceded by a petition of December 11 in which Evelyn Friedberg asked that her children as owners of Beaver Lodge stock be permitted through the medium of her guardianship to be joined as parties plaintiff in this contemplated derivative suit. On December 13, Mrs. Friedberg was named guardian ad litem for her children in the proposed action, and the complaint was then filed.

The complaint charged Critchell Parsons, president of Beaver Lodge Oil Corporation, with having profited personally at…