CORPORATIONS, § 626 — dismissal for want of equity of minority stockholders' complaint for relief from sale of all of corporation's assets. In action by certain minority stockholders, brought allegedly in behalf of themselves and all other minority stockholders, for relief against directors and majority stockholders from sale, at allegedly inadequate price, of all of assets of corporation and its subsidiaries, whose business was principally purchase from automobile dealers of secured notes and other obligations arising in connection with sale of new and used automobiles, and financing of wholesale purchases of automobiles by dealers, held that, under circumstances, trial court did not err in sustaining defendants' motions for order dismissing amended complaint for want of equity.
See Callaghan's Illinois Digest, same topic and section number.
Opinion by JUSTICE SCANLAN.
Not to be published in full. Opinion filed May 23, 1944; rehearing denied June 6, 1944.