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GLOYD v. RUTHERFORD

No. 36642.

62 Wn.2d 59 (1963)

380 P.2d 867

MAURICE M. GLOYD et al., Plaintiffs, v. W.R. RUTHERFORD, Defendant and Relator, EVERETT O. BUTTS et al., Defendants, THE SUPERIOR COURT FOR PIERCE COUNTY, Frank Hale, Judge, Respondent.

The Supreme Court of Washington, Department One.

April 25, 1963.

Attorney(s) appearing for the Case

Griffin, Boyle & Ross, for relator.

ROSELLINI, J.

This action was instituted by the plaintiffs for an accounting by the defendants Rutherford and Butts, who are officers and directors of Metallo Sales & Manufacturing, Inc. Thereafter, on petition of the plaintiffs, a receiver was appointed to take charge of the property and affairs of the corporation.

When the receiver's report was presented, it showed that the corporation had a possible claim against the defendant

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