Texeira v. American Dry Goods Ass'n

OPINION OP THE COURT BY

WILDER, J.

This is an appeal from a decree dismissing a bill for an accounting. 'The suit is instituted by the minority stockholders of the American Dry Goods Association, Ltd., a domestic corporation, against that corporation and L. B. Kerr & Co., Ltd., another and much larger domestic corporation, and L. B. Kerr. The bill is very lengthy, covering some thirty typewritten pages, and contains much that is immaterial. The suit is brought upon the theory that the respondents L. B. Kerr & Co., Ltd., and L. B. Kerr “combined, confederated and conspired together” to acquire…