Cunningham v. Kartridg Pak Co.

McGIVERIN, Justice.

This appeal involves the right of a former stockholder to sue as an individual for damages allegedly done to him resulting from the unsatisfactory operation of a meat processing machine leased from defendant by a corporation of which plaintiff was a principal stockholder. The district court granted the motion for summary judgment of defendant The Kartridg Pak Co. The court reasoned that plaintiff Charles Cunningham had no right to sue in his individual capacity for damages sustained by the corporation, Iowa Meat Fabricators Corp. (IMF) and that he had acquired no…