Laskey v. L. & L. Manchester Drive-In, Inc.

MARDEN, Justice.

On appeal from decree of a single Justice ordering dissolution and appointment of a Receiver for each of the defendant corporations. The petitions and issues being identical in substance, they were, by agreement, consolidated for hearing and were treated then and now as one case.

Here is involved the application of 13 M.R.S.A. § 542 which provides:

“1. Judgment of dissolution. The Superior Court may, if equity so requires, enter judgment dissolving a corporation:

“B. Whenever it is made to appear in a civil action brought by any stockholder of a corporation organized under the…