Shopper's Package Store, Inc. v. Sandler

Shopper’s Package Store, Inc. (Store), brings this bill against Solomon and Dorothy Sandler. The original bill alleged that the Sandlers (former stockholders, officers, and directors of Store) had refused to turn over to Store its books and records, and had misappropriated, while stockholders, Store’s funds for their personal use. The Sandlers had owned all the stock in Store and had held the offices of president, treasurer, clerk, and directors until January 18, 1965. Then they transferred their stock and resigned their positions. Store prayed that the Sandlers be directed to turn over the…