Davis v. Davis

Benham, Justice.

Appellant James Davis (hereinafter “appellant”) and appellee Walter Davis are, brothers who, together with other brothers, formed and operated the appellant corporation, D & D Manufacturing Company, Inc. Appellant acted as president of the corporation from its inception until 1980, at which time he left the company because of conflicts with appellee. After appellant’s departure, appellee assumed the position of president. During appellee’s tenure as president, the company’s sales dropped from $839,627 in 1979 to $249,176 in 1984, and the work force shrank from eighteen to…