Risvold Ex Rel. Cleary Hill Mines Co. v. Gustafson

Stone, Justice.

Action by Risvold, as stockholder of and for benefit of Cleary Hill Mines Company, resulting in decision below holding defendants D. R. Gustafson, E. L. Brandell, J. A. Gustafson, and G. H. Gustafson liable for secret profits made by them while the three first named were officers and directors of the Cleary Hill, in purchasing for it an undivided share in a valuable option on Alaska gold mining property. Defendants Dahl and Thurston were exonerated from liability. The case has been here before (Risvold v. Gustafson, 207 Minn. 359, 292 N. W. 103) on appeal of plaintiff from the…