Roccograndi Unemployment Compensation Case

Opinion by

Montgomery, J.,

The appellants are all members of a family who are involved in the wrecking business together. Each owns' 40 shares of stock in the company which has 205 outstanding shares, and all three are officers of the company. The officers of the company, during periods of insufficient work to employ all the members of the family, hold a meeting and by majority vote decide which members shall be “laid off”. It was decided by majority vote of all the stockholders that the appellants would be “laid off” because it was their respective turns. Immediately thereafter claims for…