Stott v. Stott Realty Co.

Plaintiffs are stockholders in the Stott Bealty Company, a corporation. Defendants include the corporation and other stockholders. On April 29,1937, plaintiffs filed their bill of complaint, alleging that the charter of the corporation had become void for failure to pay its annual privilege fees for two consecutive years. They asked that a receiver be- appointed and the business of the corporation wound up. On June 4,1937, defendants filed answer denying that the corporation had ceased to exist, setting forth that the privilege fees in question had been paid since the filing of plaintiffs’…