E. H. Singer v. Allied Factors

Corporation -- action on behalf of corporation -- aggrieved party entitled to appeal. 1. Where, for default of the receiver for a corporation to bring an action to recover for wrongs done to it by its officers
and others, a stockholder brings such an action as the representative of the corporation and its stockholders, and at the
commencement of the trial of the action he stipulates that the receiver for the corporation, appointed prior thereto, is the
real party in interest and the owner of the cause of action sued upon, and thereupon the receiver takes over the prosecution
of the action, the stockholder ceases to be a party in interest, is not a party aggrieved by a judgment therein against the
receiver, and is not entitled to appeal after the receiver has been discharged.