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FUTERNICK v. STATLER BUILDERS, INC.

Docket No. 37, Calendar No. 48,509.

365 Mich. 378 (1961)

112 N.W.2d 458

FUTERNICK v. STATLER BUILDERS, INC.

Supreme Court of Michigan.

Decided December 28, 1961.

Attorney(s) appearing for the Case

Irving F. Keene, for plaintiff.

J. Leonard Hyman (Carl Levin, of counsel), for defendants.

EDWARDS, J.

While there are other theories referred to in the pleadings and briefs, basically this is a stockholders' derivative suit on behalf of 1 corporation against another. The stockholders' claim is that the latter corporation is fraudulently withholding funds properly due and owing to the former corporation.

This suit was brought by plaintiff Futernick on behalf of Concord Builders, Inc. The record discloses...

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