McAlister v. Eclipse Oil Co.

COMBS, Justice.

This suit was filed by the appellee, a corporation, hereinafter referred to as the company, against appellant, McAlister, to cancel stock of the company held by Mc-Alister of the par value of $10,000, and to recover $2,500 alleged to have been wrongfully paid by the company to McAlister as dividends on the stock. The company also sued for $2,300 alleged to have been wrongfully drawn by McAlister for expenses while he was acting as manager of the company. However, appellee dismissed that part of its suit at the conclusion of the evidence. The trial was to a jury, and upon…