Phelan v. Hilda Gravel Mining Co.

The defendant was, during the year 192'4, a mining corporation organized under the laws of this state, with its principal place of business in the city and county of San Francisco, for the purpose of extracting gold from gold-bearing gravel. The mine is situate in the county of Sierra. Appellant with others had long been an owner of stock and a director of said corporation, which apparently had not proved remunerative to its stockholders. Its sale seems to have been under serious consideration by the stockholders and officers, and plaintiff, who was a strong advocate of disposing of said mine…