Douglass-Whisler Brick Co. v. Simpson
Supreme Court of Pennsylvania
Appeal, No. 29, Oct. T., 1911, by defendant, from decree of C. P. Beaver Co., June T., 1908, No. 3, in case of The Douglass-Whisler Brick Company v. William C. Simpson. Bill in equity for an accounting. Before Holt, P. J. The opinion of the Supreme Court states the case.
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Appeal, No. 29, Oct. T., 1911, by defendant, from decree of C. P. Beaver Co., June T., 1908, No. 3, in case of The Douglass-Whisler Brick Company v. William C. Simpson. Bill in equity for an accounting. Before Holt, P. J. The opinion of the Supreme Court states the case. The court decreed, inter alia: That the defendant, William C. Simpson, be and is hereby required to forthwith pay to the plaintiff the sum of $5,400 with interest thereon from April 21, 1902, at the rate of six per centum per annum. Errors assigned among others were to various findings of fact and the decree of the court.
1Opinion of the Court
Per Curiam,
The bill in this case was for an account for profits secretly made by the defendant while an officer of the corporation, plaintiff, in the sale of property to it. The substance of the findings of fact by the court is that the defendant was president, treasurer and a director of a corporation which desired to procure a new location for its business, and he and the secretary were authorized to sell its plant in order that it might locate elsewhere; that the defendant procured, in the name of another person, an option on the clay and coal in place on a tract of land for $4,000, and…
2Cases cited2 opinions
- Commonwealth Title Insurance & Trust Co. v. SeltzerSupreme Court of Pennsylvania · 1910
- Bird Coal & Iron Co. v. HumesSupreme Court of Pennsylvania · 1893
3Cited by3 opinions
- Bliss Petroleum Co. v. McNallyMichigan Supreme Court · 1931
- Hechelman v. GeyerSupreme Court of Pennsylvania · 1915
- Commonwealth v. HiltonCommonwealth Court of Pennsylvania · 1983