H. Gabriel Murphy v. Washington American League Base Ball Club, Inc.

BAZELON, Circuit Judge.

Plaintiff below owns forty percent of the outstanding stock of the Washington American League Base Ball Club, Inc., a District of Columbia corporation, which at the time this suit was brought had operated the “Senators” baseball team for many years under its American League franchise. In this suit, he seeks injunctive relief against the corporation and its directors, defendants below, on his claim that the directors have agreed to dispose of substantially all of the corporation’s assets outside of the usual and regular course of its business and without the approval of…