In the above-entitled action of Baker v. Boord, stockholders of Macfadden Publications, Inc., a domestic corporation, assert derivatively a cause of action on its behalf for claimed misapplication of its funds and waste of its property by past directors and officers and other defendants. Judgment for an accounting and for damages is demanded. Upon appropriate
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MATTER OF BAKER v. MACFADDEN PUBL'N
300 N.Y. 325 (1950)
In the Matter of Louis Baker et al., Appellants, v. Macfadden Publications, Inc., Respondent. Louis Baker et al., Suing on Behalf of Themselves and All Stockholders of Macfadden Publications, Inc., Similarly Situated, Appellants, v. John H. Boord et al., Defendants, and Macfadden Publications, Inc., Respondent.
Court of Appeals of the State of New York.https://leagle.com/images/logo.png
Argued January 3, 1950.
Decided March 2, 1950
Attorney(s) appearing for the Case
LEWIS, CONWAY, DESMOND, DYE, FULD and FROESSEL, JJ., concur.
Court of Appeals of the State of New York.
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