Toliver v. Board of Managers, Etc.

BENNETT, O.

This was an action by J. R. Toliver and F. T. Smith, plaintiffs, for the benefit of themselves and others similarly situated, against Improved Industrial Order of Wisemen, a corporation, and the individuals constituting its board of managers, fou- the appointment of a receiver for protection of trust funds and in order that the association might be operated under the rules and regulations thereof.

It was alleged, among other things, by the petition, that the association is an Oklahoma corporation, operated by a board of managers of nine members, who- severally acquire and hold…