McAfee v. Zettler

1. As decided by this court' in the case of Bethune v. Wells, 94 Ga. 486, “a single stockholder in a corporation aggregate can not, without suing in behalf of all the interested stockholders and allowing them to become coparties, maintain an action against the directors for misfeasance or nonfeasance in their official conduct, whereby the income or earnings of the corporation, and consequently the value of the plaintiff’s stock, were less than they otherwise would have been.” In the present case the plaintiff undertook, in his own name and right, to bring just such an action as that above…