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HOFMANN v. UNITED WELDING & MFG. CO.

140 Conn. 597 (1954)

ELSIE HOFMANN ET AL. v. THE UNITED WELDING AND MANUFACTURING COMPANY

Supreme Court of Connecticut.

Decided January 26, 1954.

Attorney(s) appearing for the Case

Louise Foster, of the District of Columbia bar, special assistant to the attorney general, with whom were Edward J. Lonergan, assistant United States attorney, and, on the brief, Simon S. Cohen, United States attorney, H. Brian Holland, assistant attorney general, and Ellis N. Slack and A. F. Prescott, special assistants to the attorney general, for the appellant (defendant United States).

Louis Weinstein, assistant attorney general, with whom, on the brief, was William L. Beers, attorney general, for the appellee (state).

M. J. Blumenfeld, with whom was James J. Dutton, for the appellees (defendant stockholders).

INGLIS, C. J., BALDWIN, O'SULLIVAN, QUINLAN and WYNNE, JS.

O'SULLIVAN, J.

The plaintiffs, as stockholders of the defendant corporation, instituted this action on August 29, 1946. Their complaint alleged that the corporation was solvent but that its assets were in danger of being wasted. They prayed for the appointment of a receiver and for the dissolution of the corporation. On January 16, 1947, no plea or answer having been filed, the court, after hearing the plaintiffs and one...

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