Beeber v. Wilson

Opinion by

Mr. Justice Simpson,

The combined holdings of defendant and certain relatives of his were considerably more than a majority of the stock of a corporation, which owned and operated a large office building in the City of Philadelphia. Defendant was the president and a director of the company, his brother was secretary, treasurer and a director thereof, and his other relatives completed the board of directors, with the exception that one of the board was an employee of defendant. Plaintiff was a minority stockholder.

While the status was as stated, defendant, on behalf of himself and his…