Fox v. Kansas Farmers' Union Royalty Co.

The opinion of the court was delivered by

Hoch, J.:

This was an action by two stockholders of a corporation, on their own behalf and on behalf of “all other persons whose rights are similarly affected” to enjoin the officers of the corporation from distributing a declared dividend to certain classes of stockholders, and for a declaratory judgment determining a controversy as to the right of such stockholders to vote their stock. The trial court held for plaintiffs in some particulars and for defendants in others. Appeal and cross-appeal followed. The issues presented will more clearly appear in…