Equitable Trust Co. v. Columbia National Bank

(dissenting) : In its essence, this is an action by a single stockholder of a corporation, for damages on account of injury to ité individual stock, resulting from the alleged unlawful disposition by the defendants of the assets of the corporation.

It is characterized in the statement cprilained in the transcript as “an action for actual and punitive -damages for the alleged conversion of certain property described in the complaint.”

Naturally, one would expect to find in the complaint or evidence some showing that the property alleged to have been converted was the property of the plaintiff.…