Cornelius H. Doherty v. The Mutual Warehouse Company and Robert K. Terry

RIVES, Circuit Judge.

This action is by a minority shareholder against a corporation to compel declaration and payment of dividends. The averments of the complaint are recited at some length in a former opinion, as a result of which the cause was remanded for a trial on the merits. 1

Upon the trial, most of the averments of abuse of discretion on the part of the directors were abandoned by the plaintiff, who declined to testify in his own behalf.

In Alabama, the law is well settled that a court of equity will not interfere with the internal business management of corporate affairs by the board…