Thomson v. Mortgage Investment Co.

LUCAS, J., pro tem.

This is an appeal from a judgment of dismissal following an order sustaining, without leave to amend, the demurrers of defendants Mortgage Investment Company and B. & H. Circuit, Inc., to plaintiffs’ amended complaint. "

Plaintiffs, stockholders in the defendant B. & H. Circuit, Inc.,' brought suit on behalf of said corporation and its stockholders, including themselves, seeking generally to establish the corporation’s title to certain properties and to have certain encumbrances thereon declared invalid on account of alleged usurious loans. The amended complaint alleges that…