SNOBERGER v. BINKLEY COAL CO

CORPORATIONS, § 627 — as to diligence required in stockholder's suit. In an action by a minority stockholder in a corporation to establish that shares of stock in another corporation held by defendants were the property of plaintiff's company, the allegations in the complaint were insufficient to state a cause of action, and also showed a lack of diligence in plaintiff in asking relief from a court of equity, and the complaint was properly dismissed.

Opinion by JUSTICE O'CONNOR.

"Not to be published in full." Opinion filed July 1, 1942.