General Bronze Corp. v. Schmeling

Prior to July 25, 1929, the defendants W. C. Schmeling, F. Van Kooy, and Arthur R. Stark were stockholders and employees of the Wisconsin Ornamental Iron & Bronze Company. Each of the defendants on that date owned fifty-five shares out of a total of 981 shares of this company. Schmeling was the assistant general manager and superintendent of production and erection; Van Kooy was vice-president and chief draftsman, and Stark was treasurer and purchasing agent.

Sometime prior to June 28, 1929, negotiations were commenced between the plaintiff and Mr. E. A. Ernest, president of the Wisconsin…