Barfield v. Zenith Tire & Rubber Co.

KILLITS, District Judge.

The main ease is a stockholders’ action against an insolvent corporation, a receiver being appointed by this court to administer the estate, the eomplaint containing the customary allegations and prayer. ^ Thereafter the receiver was permitted, under the main ease, to bring an action against James W. Wilson and five others, none of whom were parties to the main case, to recover the face value of 25,000 shares of stock in the insolvent corporation, which stock, it was asserted, had been issued by the defendants, as directors, to one of their number, Wilson, without…