Victor Oil Co. v. Drum

This is an action by a corporation against four men who are alleged to have been its promoters, for the recovery of secret profits made by them on the sale of certain properties to the corporation. A joint and several judgment for thirty-two thousand five hundred dollars was rendered against the defendants, from which two of them appeal. The facts as disclosed either by the defendants’ answer, evidence that is undisputed, or the findings of the trial court are these:

In the early part of 1910 there was considerable excitement in the oil business in this state, and the defendants C. P. Drum and…