Weyse

Weyse v. Biedebach

Good Law
1927 Cal. App. LEXIS 306·86 Cal. App. 712·261 P. 1086
Court of Appeal of CaliforniaNovember 15, 1927Docket No. 4596.California5,172 words

Opinion

lead Opinion

Craig, J.

It appears that on September 28,. 1920, appellants filed the complaint upon which this suit is based, alleging that at all times from July 2, 1903, until March 1, 1913, the Antioak Leather Company was a corporation organized and existing under and by virtue of the laws of the state of California, and that on said last-mentioned date its charter was forfeited for nonpayment of the state license tax; that appellants were the directors of said corporation, and upon such forfeiture they became trustees of the stockholders and creditors of said corporation, and entitled to the possession, management, and control of its property and assets. As such trustees appellants instituted this proceeding to quiet title to lots 1 to 39, inclusive, of the Hay Tract Addition to Nadeau Park, and adjoining property, in Los Angeles County, of which they alleged said corporation was the owner from December 29, 1904. until the forfeiture of its charter, and that the plaintiffs thereupon succeeded to, and had ever since been vested with, legal title to the real properties described in the complaint. They prayed that they as such trustees be adjudged to be the owners in fee and entitled to possession…

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