Slutzker v. Rieber

The complainant, a stockholder of Barber Asphalt Corporation, a New Jersey corporation, instituted this cause in his own behalf and in behalf of all other stockholders of the corporation who may desire to co-operate and unite in its prosecution. The bill charges (paragraph 12) that the individual defendants who have served as directors of the company, "unmindful of their duty as the managers of the defendant company's business and as fiduciaries with respect to the stockholders of said company and indifferent to the rights and interests of said stockholders, have negligently and fraudulently…