Davids v. Davids
Appellate Division of the Supreme Court of the State of New York
' Appeal by the defendants, Louisa A. Davids and others, from a judgment of the Supreme Court in favor of the plaintiff, entered in the office of the clerk of the county of Hew York on-the ,3d day of July, 1909, upon the decision of the court rendered after a trial at the Hew York Special Term. ' . •
1Opinion of the Court
McLaughlin, J. :
The plaintiff, since 1901, has been the owner of 50 shares of the capital stock of the defendant Thaddeus Davids Company, a domestic corporation with a capital of $30,000 divided into 300 shares of the par value of $100 each. For some years prior to his death, *207which occurred in August, 1905, David F. Davids, plaintiff’s father-in-law,- had been the president and treasurer of the company and practically controlled the management of its affairs. BLe. was, in form, paid a salary of $20,000 a year, but of this amount actually retained as salary only $2,500 and the balance he…
2Cases cited4 opinions
- Sage v. . CulverNew York Court of Appeals · 1895
- Jacobson v. . Brooklyn Lumber Co.New York Court of Appeals · 1906
- Miller v. Crown Perfumery Co.Appellate Division of the Supreme Court of the State of New York · 1908
- Ziegler v. HoaglandNew York Supreme Court · 1889
3Cited by14 opinions
- Globe Woolen Co. v. Utica Gas & Electric Co.New York Court of Appeals · 1918
- Carr v. KimballAppellate Division of the Supreme Court of the State of New York · 1912
- Angelus Securities Corp. v. BallCalifornia Court of Appeal · 1937
- Goss v. GossAppellate Division of the Supreme Court of the State of New York · 1911
- Cleary v. HigleyNew York Supreme Court · 1934
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