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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Findley v. Garrett, 109 Cal. App. 2d 166 (1952)

Citation
Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
Parent Document
Findley v. Garrett, 109 Cal. App. 2d 166 (1952)
Jurisdiction
California (state)
Effective Date
1952-02-08

Other Sections in This Document (69)

Full Text

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212 Pa. 249 [61 A. 796, 797], which was an action by stockholders to recover promoters’ profits, there were nine members of the board of directors, and one of them was a defendant charged with taking wrongful profits and three of them allegedly had business connections with some of the promoters. The court therein said at page 253: “ £. . . the refusal by the corporate management must *175