COLLINGS, Justice.
This suit was brought by Bill Thompson, Dr. Everett Haas and Marlin Hoffman against AUStralite Corporation and W. Irvin Robinson seeking the appointment of a receiver for the defendant AUStralite Corporation. Plaintiffs were stockholders and directors of the corporation. The suit was brought under Subdivisions 3 and 4 of Article 2293 and Article 7.05 of the Business Corporation Act, V.A.T.S., Vernon's Ann.Tex.Civ.St. Plaintiffs alleged that the...
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