Slutzker v. Rieber

This cause was originated by a stockholder of Barber Asphalt Corporation in behalf of the corporation to restrain certain officers and directors of the company from an alleged undertaking to destroy the established business and divert the corporate assets from purposes authorized by its charter and to oblige the officers and directors to account and to compensate the corporation for the consequent losses. It is evident that this suit is intended to be prosecuted in the right of, and for the benefit of, the corporation. The right of the complainant to maintain the suit has not been challenged.

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