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McNAIR v. CAPITAL ELECTRIC POWER ASSOCIATION

No. 48359.

324 So.2d 234 (1975)

Alden McNAIR et al., Complainants-Appellants, v. CAPITAL ELECTRIC POWER ASSOCIATION et al., Defendants-Appellees, Charles R. Riddell and W.E. Harreld, Jr., Intervenor-Defendants-Appellees.

Supreme Court of Mississippi.

December 22, 1975.

Attorney(s) appearing for the Case

John K. Keyes, Collins, Daniel, Coker, Horton, Bell & Dukes, Thomas H. Suttle, Jr., Jackson, for complainants-appellants.

Case, Montgomery & Smith-Vaniz, Canton, Watkins & Eager, Jackson, Robert L. Goza, Canton, for defendants-appellees.

Before PATTERSON, INZER and SUGG, JJ.

PATTERSON, Justice:

This appeal arises from the Chancery Court of the First Judicial District of Hinds County. The court at the conclusion of a fifteen-day trial excluded the evidence of the appellants and dismissed their bill of complaint. The suit, a derivative action for the benefit of the complainants, other member-owners and the Association, alleged a cause of action by member-owners of Capital Electric Power Association against its directors for constructive...

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