Chelrob, Inc. v. Barrett

The trial court found that the directors were not guilty of fraud, bad faith or overreaching in negotiating the contracts here attacked. It properly refused to find that they were guilty of negligence in connection therewith. Assuming, without deciding, that the corporate defendants properly may have thrust upon them a fiduciary role, the record discloses that they established that the contracts which they made were fair and just. This conclusion is unavoidable where the evidence *457sustains thé finding that the individuals through whom the corporate defendants acted discharged their functions…