Holland Piano Manufacturing Co. v. Smith

Defendant Ashley F. Smith was employed by plaintiff as office manager, secretary and cashier. Defendant Florence B. Smith is his wife. Plaintiff claims that defendant Ashley misappropriated moneys of plaintiff amounting to $4,500. Both defendants were indebted to plaintiff in the sum of $500 on a promissory note. Defendant Ashley was the owner of 25 shares of stock in the company, 24 shares of which stood in the name of defendant Florence. Plaintiff sued to recover the demands mentioned, and for an accounting and for cancelation of the certificates of stock.

Defendant Ashley claimed of…