Spelman v. Addison

This is an appeal from an order dismissing a bill of complaint.

Plaintiffs are minority stockholders of National American Furs, Inc. On February 13, 1940, they filed a bill of complaint in the circuit court of Jackson county against William Addison, Stanley Addison, Reamer W. Wigle, National American Furs, Inc., Addison Furs Corporation, and Addison Silver Black Fox Farms, Inc.

In the bill of complaint, it is alleged that defendant corporations were organized for similar purposes, i.e., to buy, sell, breed, own, ranch and deal in foxes and other fur-bearing animals; that the individual…