Duvick v. Industrial Commission

Orbeck Bros., Inc., is a Wisconsin corporation organized to conduct a tavern business. Two hundred fifty shares of stock were authorized by the corporation’s articles. One hundred twenty-eight shares were issued. One share each was issued to the corporation’s officers, who were George Price, president, Hazel Seeman, vice-president, and Leonard Kado, secretary. These three persons constituted the board of directors and they remained the officers and *158directors at all times referred to herein. The remaining 125-shares issued were held by Alex Jacenko.

On August 20, 1958, Alex Jacenko and Martha…