Riley v. Boynton Coal Co.

Opinion by

Mr. Justice Maxey,

This case involves the question of the effect of laches in barring actions in equity.

Illegal and fraudulent relations, so the bill avers, were entered into by the Boynton Coal Company and the Elk Lick Mining Company, a partnership, to the prejudice of the plaintiff, one of the four stockholders of the coal company, in 1918 and continued until 1920. The plaintiff had knowledge of this as early as June, 1918. In 1920 a committee of two of the directors of the coal company was appointed to consider plaintiff’s complaint. No action was taken in the matter by this…