Smith v. Crowder Jr. Co.

SPAETH, Judge:

This appeal arises from an order dismissing, in part, preliminary objections to a complaint in equity.

Appellee, plaintiff below, is a director, officer, and minority shareholder of Class A voting common stock of the Crowder Jr. Company, a Pennsylvania corporation. Appellants, defendants below, are the Crowder Jr. Company and the remaining directors, officers, and shareholders of Crowder’s outstanding Class A voting common stock. Appellee’s complaint against appellants was filed on August 15, 1978, and is in five counts.

Count I alleges as follows. In February 1975, Crowder,…