McGuire v. Carroll Construction Co.

Opinion of the Court by

Judge Carroll

— Affirming.

Previous to 1911 the Carroll-McGuire Contracting Co. was organized as Ti corporation under the laws of Virginia. W. S. Carroll was the president and treasurer, and F. H. McGuire secretary and general manager of the corporation. F. H. McGuire gave his brother, H. H, McGuire, a share of stock to qualify him as a director. *676The only stockholders were Carroll and the two Mc-Guires, who were also the directors of the company.

It appears that this corporation was organized for the purpose of doing railroad construction work, and that on January 9, 1911,…