Hotchkiss v. Fischer

The opinion of the court was delivered by

Burch, J.:

The action was one by a former owner of corporate shares to recover damages from the president of the corporation for breach of duty of loyalty to the shareholder, in that the president purchased the shares for much less than their value without making full disclosure of facts pertinent to the transaction. The petition contained some specific allegations of fraudulent representation and concealment. The verdict and judgment were for defendant, and plaintiff appeals.

Plaintiff was a widow who lived at Burr Oak, Kan. On the death of her husband…