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IN RE DISSOLUTION OF E.C. WARNER CO.

No. 35,205.

232 Minn. 207 (1950)

IN RE DISSOLUTION OF E.C. WARNER COMPANY.

Supreme Court of Minnesota.

December 15, 1950.

Attorney(s) appearing for the Case

R.H. Fryberger and M.R. Keith, for objectors-appellants.

Morley, Cant, Taylor & Haverstock and Dorsey, Colman, Barker, Scott & Barber, for respondents.

MATSON, JUSTICE.

Appeal from an order directing the liquidating receiver of the E.C. Warner Company, a corporation, to pay $15,000 to claimants, two legal firms,2 as fees for legal services performed in successfully defending an officer and director of said corporation in three derivative actions.

If a stockholder's derivative action brought to recover for waste and depletion of assets alleged to have been caused by dereliction...

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