Wisner v. Delhi Land & Improvement Co.

The opinion of the court was delivered by

Watkins, J.

This is a revocatory action, coupled with an action of nullity — an action sui generis possessing features common to both

*1224Or, in other words, as an individual shareholder in.the defendant company — and of which corporation he was a director and secretary— Edward Wisner institutes this suit for the revocation and annulment of a certain sale, in globo, of all the property of the corporation to another stockholder and director of the company on the ground, first, that the sale was not properly authorized by the stockholders at a general meeting;…