Rex Refining Co., Inc. v. Morris

LOONEY, Justice.

George T. Morris and two others, minority stockholders, sued Rex Refining Company, of Upshur county, Tex., A. Wier of Dallas county, and Jim Newkirk of Red River county, Tex., two of the three directors of the company (plaintiff Morris being the other). Morris is seeking judgment for an alleged indebtedness of $1,800, and he and the other two, as minority stockholders, alleged the cause of action hereinafter disclosed, and, as an incident, sought the appointment of a receiver for the business and affairs of the company. Hearing on the application for receiver was had on…