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CENTRAL INVEST., INC. v. OLD SOUTHERN GOLF UTIL. CORP.

No. 2394.

224 So.2d 389 (1969)

CENTRAL INVESTMENTS, INC., Appellant, v. OLD SOUTHERN GOLF UTILITY CORP., a Florida Corporation; Public Utilities Corporation, a Florida Corporation; and Sunrise Golf Development Corporation, a Florida Corporation, Appellees.

District Court of Appeal of Florida. Fourth District.

June 30, 1969.

Attorney(s) appearing for the Case

John I. Jacobson of McCune, Hiaasen, Crum & Ferris, Fort Lauderdale, for appellant.

Talbot D'Alemberte of Scott, McCarthy, Steel, Hector & Davis, Miami, for appellees.

PER CURIAM.

Issues present in this appeal concern a stockholder's derivative action to enforce contractual rights and allegations of fraud.

Appellant claims a one-third interest in certain utility lines, based on a contract which was incidental to a conveyance of a large tract of land known as Sunrise Golf Village. Also, appellant claims that appellees fraudulently transferred assets from one corporation to another effecting a deprivation of appellant's minority...

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