Codman v. Dumaine

This is a suit in equity brought by a stockholder in the Boston and Maine Railroad to enforce certain liabilities which he alleges have accrued in favor of that corporation against certain of its present and former directors and which the directors and the corporation refuse to prosecute. Suit is brought for the benefit of that corporation and on behalf of all other stockholders who may desire to become parties. The bill was filed on April 20, 1923. The case is before us on demurrers by the defendants. It is alleged in the bill that the board of directors of the Boston and Maine Railroad from…