Steinfeld v. Nielsen
Arizona Supreme Court
APPEAL from a judgment of the District Court of the First Judicial District, in and for the County of Pima. John H. Campbell, Judge. STATEMENT OF FACTS BY THE COURT. This action was brought against the appellants in the district court of Pima county in June, 1905, by the appellee, Mary Nielsen, individually, and as the administratrix of the estate of Carl S. Nielsen, deceased.
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APPEAL from a judgment of the District Court of the First Judicial District, in and for the County of Pima. John H. Campbell, Judge. STATEMENT OF FACTS BY THE COURT. This action was brought against the appellants in the district court of Pima county in June, 1905, by the appellee, Mary Nielsen, individually, and as the administratrix of the estate of Carl S. Nielsen, deceased. Among other things, the complaint prays that a certain sale, made by Carl S. Nielsen and Mary Nielsen to Albert Steinfeld, of 300 shares of the capital stock of the defendant corporation should be set aside as…
1Opinion of the CourtRoss, J.
The appellant Steinfeld, although not an officer or director of the Nielsen Mining & Smelting Company, also known as the Silver Bell Copper Company, dominated the •company and dictated its business policy. His controlling and dominating influence and power over the business affairs of the mining company arose out of the fact that L. Zeekendorf •& Co., of Avhich he was the managing partner, and he owned and controlled a majority of the company’s stock and were represented on the board of directors by two of L. Zecken*444dorf & Co.’s employees, who were a majority of the hoard, and the further fact…
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