McArthur v. John McArthur Co.

Plaintiff brought the action for an accounting, charging the individual defendants with fraud, conspiracy, and misappropriation of the funds of the corporation defendant, in which the decedent, Archibald McArthur, was a stockholder. The answer denied all the allegations of misconduct, and the court found in favor of the defendants upon all the material issues, but declared that the books of the corporation had been unscientifically kept, although “the method of bookkeeping employed has been substantially the same as that which has been maintained by said corporation ever since its…