Ehret v. Ringler

The plaintiffs,- Ehret and Trommer, are executors of the estate of William G. Ringler, deceased, and in that capacity are owners of one-half, or approximately one-half, of the stock of defendant corporation. They have applied to the court under subdivision 3 of section 305 of ■the General Corporation Law for the appointment of a receiver to preserve the corporate assets, alleging that defendant company has “ no officer empowered to hold the same.” The defendant was incorporated in this State in 1899 for the purpose of conducting a brewery. It has an -authorized and paid in capital -stock of…