Wortham v. Lachman-Rose Co.

PEDEN, Justice.

Suit brought under the trust fund doctrine by two companies holding judgments against an insolvent corporation, Fuller Toys, Inc. Plaintiffs sought personal judgments against two of Fuller Toys’ directors alleging breach of their duties as trustees of its corporate assets when it ceased doing business.

This appeal has been perfected by the directors, Mr. and Mrs. Miles Wortham, from an adverse judgment after a nonjury trial.

Mr. Wortham was the only witness who testified. The other evidence consisted of defendants’ answers to interrogatories, plaintiffs’ admissions, copies of the…