Schumann-Heink & Co. v. United States National Bank

HAINES, J., pro tem.

This is a civil action growing out of the same state of facts involved in People v. Schumann-Heink, 98 Cal. App. 225 [276 Pac. 625], and in People v. Schumann-Heink, 106 Cal. App. 81 [288 Pac. 838]. Appellant Schumann-Heink and Co., Inc., was a corporation engaged in buying and selling securities and general brokerage. Henry Schumann-Heink was its president, spending his time largely in and out of its Los Angeles office. One Clare was its secretary and treasurer and in charge of its San Diego office. Schumann-Heink and Clare were both directors. Pursuant to a discussion…