Bonnett v. Farmers & Growers Shipping Ass'n

The opinion of the court was delivered by

Porter, J.:

The action was for the conversion of wheat which plaintiff alleged he had delivered to the defendant association to be placed in bins in its elevator and to be kept and held for storage. The shipping association is insolvent, and plaintiff joined as defendants several of its stockholders and officers, and alleged that they had converted the wheat to their own'use; that certain of the directors, with the consent of others, had caused the association to engage in illegal speculations in grain in the name of the association and for its benefit;…