Streuber's Appeal

Citations

• 229 Pa. 184
• 78 A. 106
• 1910 Pa. LEXIS 570

Syllabus

<p>Corporations — Sale of corporate property — Class bill — Intervening stockholder — Laches—Equity.</p> <p>A petition to intervene in a class bill by a minority stockholder to restrain a sale of corporate property will be dismissed where it appears that the petitioners had two months’ notice of the contemplated corporate action and waited two months after action was taken before filing petition to intervene or taking any other proceedings, legal, equitable or otherwise.</p>