North v. Ringling

This is a derivative action brought by owners of 37% of the stock of a corporation against officers and directors thereof. The complaint alleges two causes of action. The first cause, after alleging ownership of stock and the relationship of the parties to the corporation, follows with allegations that the corporation operates a circus and gives exhibitions in many large cities which are attended by thousands of spectators. The complaint then describes the physical conditions attending circus performances and alleges that the assemblage- of many thousands of persons during performances…