Old Settlers Club of Milwaukee County, Inc. v. Haun

Plaintiff is a corporation without capital stock, dividends, or profits to members. Its purposes are reviving old associations, renewing ties of .former years, keeping alive the memories of the past, etc. Its officers are a president, first vice-president, second vice-president, secretary, treasurer, three trustees, marshal, financial secretary, historian, and executive committee.

Defendant was one of the three trustees, having been elected to that office in March, 1938. At that time he was president and majority stockholder in H. B. Haun Company, a corporation engaged in buying and selling…