Meyerhoff v. Bankers Securities, Inc.

Bankers Securities, Incorporated (which will be called the defendant, because for the purpose of this decision none of the individual defendants need be noticed), was incorporated in 1922 for the purpose of acquiring and investing in securities of various kinds. Its main business consisted of securing shares of capital stock of several banking institutions in Bergen county. The complainant, Meyerhoff, who originally filed this bill, is the holder of thirteen shares of the stock of the defendant and he has since been joined as a complainant by one Harry Schall, who is the owner of ten shares…