In re the Claim of Baccus

—Appeal from a decision of the Unemployment Insurance Appeal Board, filed January 23, 1978. Claimant was the president of a corporation which owned and operated a restaurant. She was also a 50% shareholder of the corporation. She was employed *806by the corporation as manager and hostess of the restaurant. The directors of the corporation authorized a bank loan to meet tax obligations. Claimant, however, paid only part of the tax obligation with the loan money and used the remainder to pay other debts incurred by the restaurant. On April 12, 1977 she was removed from her corporate office and…