Dobry v. Wayne

REIF, Judge.

This appeal arises from a non-jury trial and a judgment holding corporate director Anthony Wayne personally liable for a corporate debt incurred during the corporation’s suspension for failure to pay its franchise tax. The debt was a promissory note executed by the company president for settlement of surface damages in connection with the drilling of some oil wells.

*584The company president testified that Anthony Wayne was a director, but had little or no responsibility for, or knowledge of, the day-to-day operations of the company handled by the president. His testimony further…