Saigh v. Busch

STORCKMAN, Judge.

This purports to he a shareholders’ derivative action in two counts; the counts were tried and appealed separately. A judgment adverse to the plaintiffs on count 2, involving charges that excessive compensation had been paid to the individual defendant as a corporational officer, was affirmed by the St. Louis Court of Appeals in Saigh ex rel. Anheuser-Busch, Inc. v. Busch, Mo.App., 396 S.W.2d 9. This court is concerned solely with count 1 by which the plaintiffs Fred Saigh and Elizabeth Saigh, for themselves as shareholders of the defendant Anheuser-Busch, Incorporated, and…