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WOODSON v. McALLISTER

No. 9813.

119 F.2d 924 (1941)

WOODSON et al. v. McALLISTER et al.

Circuit Court of Appeals, Fifth Circuit.

Rehearing Denied June 30, 1941.

Attorney(s) appearing for the Case

Chandler Lloyd and Dallas C. Biggers, both of Dallas, Tex., H. Grady Chandler, of Austin, Tex., and C. W. Trueheart, of San Antonio, Tex., for appellants.

W. L. Matthews and J. D. Wheeler, both of San Antonio, Tex., for appellees.

Before HUTCHESON, HOLMES, and McCORD, Circuit Judges.

Rehearing Denied June 30, 1941. See 121 F.2d 126.

HOLMES, Circuit Judge.

This suit was filed by appellant on behalf of herself and all other stockholders similarly situated. She seeks the cancellation of corporate stock of the par value of $400,000 issued to one of the appellees. She alleges that nothing was paid for the stock, either in money, labor, or property, and that the issuance thereof was void under the constitution...

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