Wilson v. Duluth Filter Co.

Considered and decided by the court without oral argument.

Robert E. Wilson began work for Duluth Filter Company, a wholly owned subsidiary of J. C. Campbell Co., as a salesman and then became managing officer of the company. At the time he assumed his new duties, the company was operating at a loss. The board of directors of the parent and subsidiary were identical except for one member. Wilson proposed an agreement as to financial rewards and stock ownership if he were successful in operating the company. These proposals were accepted by the directors. The company became profitable under…