Meade v. Brosius

The opinion of the court was delivered by

Dawson, C. J.:

This was an action by certain stockholders of a defunct corporation against the members of its last board of directors charging fraudulent manipulation of its assets and for an accounting and other proper relief.

In the petition reference was made to four different corporations, to wit: The Brosius Investment Corporation, The Wichita Investment Company, Inc., The Brosius Investment Company, and The F. W. Woolworth Company.

Plaintiffs alleged that the erstwhile Brosius Investment Corporation at the time its charter was canceled, December 30,…