Levin v. Fisk Rubber Corp.

Harrington, Chancellor:

The complainants seek to have a receiver appointed for the Fisk Rubber Corporation, which was organized in this State, but was finally dissolved by the proper corporate action under Section 39 of the General Corporation Law, Revised Code 1935, § 2071, on March 13th, 1940. There are no creditors, and the preferred stock has been redeemed, but there is an outstanding common stock issue of 439,423 shares, the holders of which are the real owners of the corporation together with all of its assets.

The complainants together hold 75 shares of that stock, of the par value of…