Coxe v. Hart

Complainant, who is a stockholder and director and secretary and treasurer of a corporation known *558as the Hart & Coke Cedar Company, filed his bill under the statute relating to proceedings in chancery against corporations, as.amended in 1879 (How. Sta-t. §§8150-8152), for ■causes included in section 8150. The bill set up several connected grievances committed by defendant Cyrus S. Hart, president of the company, in fraud of his duties to the corporation, which were, in brief, these :

In March, 1883, by fraudulently misrepresenting the condition of the company, he induced his associates in the…