32 Minn. 468 | Minn. | 1884
The plaintiff is not in position to maintain this action. Not having in its hands any dividends due stockholders, (we
The suggestion that the action will prevent a multiplicity of suits {that is, of' the individual stockholders) does not help the plaintiff; for one having no interest in the controversy cannot maintain an action on the ground that otherwise there may be a multiplicity of suits by those who are interested.
The court below did not decide the case on this point, but it presents an insuperable objection to any other judgment than one in favor of defendant.
Judgment affirmed.