News-Journal Corporation v. Gore

— In 1928, Julius Davidson and his son, Herbert M. Davidson, became the owners of 600 shares of the 1,000 shares of stock then outstanding of News-Journal Corporation, which was engaged in the publication and circulation of newspapers in the City of Daytona Beach. At the time the remaining shares, 400 in number, were owned by T. E. Fitzgerald. About three years later the appellee, R. H. Gore, himself a newspaper man of wide experience, was importuned by a group of citizens to establish a newspaper, rival to the one then published by the appellant corporation, and as a consequence appellee…