Abbott v. Second Judicial District Court

OPINION

By the Court,

Zenoff, J.:

Scherry Harrah, Richard Wiseman and Robert Abbott were *323the principal and controlling stockholders of Magnatec Corporation, a Nevada corporation, whose principal place of business was in Reno, Nevada. Harrah resides in Nevada, Wiseman and Abbott are residents of California. All three were active members of the Board of Directors of the corporation and attended director’s meetings in Nevada. When the corporation fell into financial difficulties Abbott became the paid chairman of an executive committee formed to handle the responsibility of solving the…