Meadows v. Bradshaw-Diehl Co.

Lovins., Judge:

This suit brought in the Circuit Court of Cabell County, West Virginia, presents one controlling question: Whether the directors of the corporate defendant are guilty of actual or constructive fraud to the detriment of the two groups of plaintiffs who were holders of the second preferred stock in the corporation. The suit was brought by Maude Meadows, Mildred Bryant and Frances Hines on behalf of themselves and all other stockholders of the Bradshaw-Diehl Company, similarly situated, against Bradshaw-Diehl Company, a corporation, Glenn E. Fargo, George D. Bradshaw, Henry T.…