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ROBBINS v. BEATTY

No. 48602.

67 N.W.2d 12 (1954)

E. D. ROBBINS, Elsie E. Robbins, and A. C. Shipley, Appellees, v. Everett BEATTY, Earl Beatty, Frank Beatty, J. C. Penney, Oscar E. Trego, A. J. Anderson, Nettie Dickinson, Eva Barton, Eva Bowden, Delia Beatty, Mrs. A. C. Donnals, Anna Files, Arnold Hagan, Laura Harbert, Mrs. Chas. Inman, J. C. Knupp, John Lippert, E. J. H. Wagner, Ethel Tumilty, C. Little and Opal Beatty, Appellants.

Supreme Court of Iowa.

November 16, 1954.

Attorney(s) appearing for the Case

Tobin, Bordewick & Fischer, Vinton, and Simmons, Perrine, Albright, Ellwood & Neff, Cedar Rapids, for appellants.

Edward F. O'Connor, Atlantic, Edward L. O'Connor, and Hamilton & Cahill, Iowa City, for appellees.

GARFIELD, Chief Justice.

This is an equity action brought under section 491.25, Code 1946, I.C.A., by three owners of corporate stock (79 shares in all) in Shellsburg Grain & Lbr. Co. to recover the real value of their stock from owners of 428 shares which, it is alleged, were voted in favor of renewing the corporation to exist perpetually. There was trial to the court and decree for plaintiffs from which defendants have...

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