Skirvin v. Coyle

I can see no good reason for reversing the judgment of the trial court. The ixetition alleges 54 separate acts of misconduct, which if true justify the appointment of a receiver. The acts charged are typical of those too many times committed by persons who have control of corporations, who desire to use the corporations for their own selfish interests at the expense of the minority stockholders. Among the more serious charges are these: That the defendants made secret profits for themselves and members of their families, in large sums, at the expense of the corporation; that they fraudulently…