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HILL v. PARTRIDGE COOPERATIVE EQUITY EXCHANGE

No. 37,758

168 Kan. 506 (1950)

214 P.2d 316

HENSLEY HILL, VERONICA MILLER, DOSS WHITE, EMMA KUYKENDALL, F.B. WHITE, CHAS. GRAVES, CHAS. DIXON, R.L. EVANS, BERNHARD KOESTEL, RUSSELL CROTTS, H.O. MILLER, AL. MILLER, JOHN DEUPSER, HAROLD KOESTEL, CLAUDIAN FOUNTAIN, F.E. KRAUSE, ROSS McCOY, FRED DELLENBAUGH, HARRY HILL, and O.L. WILLIAMS, Appellees, v. THE PARTRIDGE COOPERATIVE EQUITY EXCHANGE, a corporation; and B.R. ANDERSON, B.E. TEDDER, W.C. PEIRCE, TED BUCKLEY, JOHN KOESTEL, FRANK SCHARDINE, and CLYDE WARNOCK, as officers and directors of said corporation, Appellants.

Supreme Court of Kansas.

Opinion filed January 28, 1950.

Attorney(s) appearing for the Case

Frank S. Hodge, of Hutchinson, argued the cause, and Roy C. Davis, Eugene A. White, and Robert Y. Jones, all of Hutchinson, were with him on the briefs for the appellants.

Abraham Weinlood, of Hutchinson, argued the cause, and Don Shaffer, of Hutchinson, was with him on the briefs for the appellees.

The opinion of the court was delivered by

THIELE, J.:

This was an action in which the plaintiffs sought to enjoin the cancellation of their stock in the defendant corporation or to obtain alternative relief. From a judgment in their favor the defendants appeal.

The record discloses that under date of April 3, 1915, The Partridge Cooperative Equity Exchange was chartered as a corporation organized for profit...

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