Druding v. Allen
Supreme Court of New Hampshire
1Opinion of the CourtBois, J.
The defendant, Amesbury Realty Corporation (Amesbury), appeals from an order of the Superior Court (DiClerico, J.), entered in accordance with a Master’s (Frank B. Clancy, Esq.) recommendation, requiring the president of the defendant corporation to make certain funds available for satisfaction of the corporation’s obligations. We reverse.
In the early 1960’s, Thomas Astles organized the defendant corporation, a close corporation engaged in real estate development and construction. Mr. Astles was the president, treasurer, principal stockholder and a director of the corporation.
The immediate…
2Cases cited10 opinions
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