Hill v. Page & Hill Co.

1 Reported in 268 N.W. 705, 927. In April, 1903, some members of the Page family and of the Hill family formed a Minnesota corporation under the name of Page Hill Company, to deal in timber products and in real and personal property. In 1928 the plaintiff, who then owned 22 per cent of the corporate stock and who was secretary of the corporation, resigned his office in order to associate himself with the W. B. Foshay Company. He continued to be a director of the Page Hill Company until January, 1931. From 1928 for a considerable period plaintiff engaged in negotiations with the Pages to sell…