Seitz v. Union Brass & Metal Manufacturing Co.

This is an action by the plaintiff, a minority stockholder, to compel the defendant corporation to declare a dividend and to compel certain officers to pay into the corporate treasury money alleged to have been wrongfully paid and received as excessive salaries. There were findings requiring the corporation to declare a special dividend of 10 per cent, but refusing to compel the individual defendants to restore salaries received. The plaintiff appeals from the order denying his motion for a new trial.

The trouble between the plaintiff and the defendant Theodore Michel, or between the plaintiff…