Felton v. Cherkasky

As disclosed by the evidence, the facts in the case are not substantially in dispute. Late in 1935, the plaintiff approached the defendant seeking employment. At that time the defendant was the president and majority stockholder of the Sanitary Dairy & Ice Cream Company of Green Bay. The plaintiff and defendant had been acquaintances for a period of ten years. Early in 1936, the Sanitary Dairy & Ice Cream Company was in need of a bookkeeper. The defendant suggested the purchase of stock in the company by the plaintiff. After investigating the affairs of the company, the plaintiff and his…