Bailey v. Jacobs

Opinion by

Mr. Justice Stern,

The thousand page record in these equity proceedings is replete with intricate facts, extensive exhibits, complicated financial reports of expert accountants, and nearly three hundred requests for findings of facts and conclusions of law. There are so many transactions involved — some vital, others incidental to the principal issues — that not even a bare summary can be given within the limits of a judicial opinion. The suit is brought by a number of shareholders of a corporation to compel defendant, its president, to account for profits made through his personal…