Empire Laboratories Inc. v. Golden Distributing Corp.

This is a suit in equity under G. L. c. 156, §§ 36, 38, to enforce the liability of the officers of the Golden Distributing Corporation, hereafter called the Golden Company, for the debts of the corporation, the defendants being charged with making a false return.

The plaintiff alleged that the annual report of the corporation was false in respect to the item of merchandise, $51,-534.55. By this item the sum $4,822.90 appears as office furniture, equipment, stationery, and the like. This sum of $4,822.90 was found to be correct, that the corporation had tangible assets to this extent. The…