Koch v. Seventh Street Realty Corp.

Joseph W. Koch, plaintiff, a stockholder in Seventh Street Realty Corporation, filed his bill “on behalf of himself and all other stockholders” of the company, praying for the cancellation as ultra vires of certain leases made by said company to Thalhimer Brothers, Incorporated (Thalhimers), and The Western Union Telegraph Company (Western Union), and for an injunction prohibiting Seventh Street from carrying out said leases; for the appointment of a receiver to take over the assets and affairs of the company, and for damages of $2,500,000 for the benefit of the company, its stockholders and…