Langlois v. B. F. Merchant Investment Co.

Action by plaintiffs in error as minority stockhold ers in a corporation suing the corporation and its officers individually for an accounting. On a judgment against them in the trial court, plaintiffs in error assign error and ask us to review and reverse the action of the court below.

In June, 1927, one Benjamin F. Merchant was possessed of an estate of approximately $50,000, consisting of stocks, bonds, and real estate. June 11, 1927, joined by his wife, Mary E. Merchant, and his son, William F. Merchant, he caused the B. F. Merchant Investment Company, a Colorado corporation, capitalized…