Farmer v. Brooks

This bill was filed by appellant, as trustee in bankruptcy of the corporation known as the J. H. Armor Mercantile Company, against D. J. Brooks and L. E. Hay, two of the directors of said corporation, for the purpose of enforcing the common-law light of a corporation to hold its directors responsible as irustees for negligent conduct on their part in regard to its affairs. Respondent Brooks alone appears, and interposed demurrers to the bill as amended, and from the decree sustaining this demurrer, the complainant has prosecuted this appeal.

That the directors of a corporation, as here…