Roddy v. Armitage-Hamlin Corp.

The plaintiffs, Frank B. Roddy, Samuel Baer, and Eli Metcoff, minority shareholders in the Armitage-Hamlin Corporation, brought an action in the circuit court of Cook County against the defendants, the Armitage-Hamlin Corporation, a building corporation, and the Admiral Corporation, a manufacturing company, seeking to have a lease executed by the building corporation, as lessor, and the manufacturing company, as lessee, declared null and void. The amended complaint consisted of two counts, the first charging a violation of section 72 of the Business Corporation Act (Ill. Rev. Stat. 1947,…