Michigan Supreme Court March 22, 1923, Docket No. 33 (Crawford v. Pierce)

Bird, J.

Plaintiff, on behalf of creditors of the Pierce-Hinsch Company, in his bill of complaint, charges fraud in the organization of the PierceHinsch Company, and also in its subsequent management. This company was the outgrowth of a previous corporation, known as the Pierce-Hinsch Realty Com*74pany, which was formed in 1911 by defendants Pierce and Hinsch.