Legal Opinion

Aaron v. Security Investment Co.

South Dakota Supreme Court

Decided January 28, 1927No. File No. 6108PublishedCited by 2 opinions

1Opinion of the CourtBurch., J.

This is an appeal from an order overruling a demurrer to. the complaint.

The complaint is voluminous, covering 6o pages of the printed brief, and the demurrer is proportionately long, covering 7 pages of the brief. The complaint is replete with charges of mismanagement, concealment of assets, conspiracy to defraud, manipulation of stock, wrongful issuance of stock, and payment o.f fraudulent dividends by the stockholders, directors, and officers of the Security Investment Company.

In substance, it alleges that plaintiffs are all creditors of the defendant Security Investment Company, each,…

2Cases cited1 opinion

  1. South Bend Toy Manufacturing Co. v. Pierre Fire & Marine InsuranceSouth Dakota Supreme Court · 1893

3Cited by2 opinions

  1. Hanna v. Brictson Mfg. Co.Court of Appeals for the Eighth Circuit · 1932
  2. Aaron v. HewettSouth Dakota Supreme Court · 1932

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