Gwin v. Thunderbird Motor Hotels, Inc.

Quillian, Justice.

The petition avers that, at the time of the organization of Thunderbird Motor Hotels, Inc., a private corporation, the plaintiff owned fifty percent of the corporation’s common voting stock; that the defendants knew that the plaintiff expected the corporation to be so organized that he would have fifty percent control of its affairs; that he relied upon the defendants to establish his right to such control; that the attorney who obtained the corporate charter and drew the bylaws was guilty of breach of trust, and the defendants Greely and Howard were guilty of fraud in not…