Stratis v. Andreson

This is a suit wherein minority stockholders in a Massachusetts corporation seek to recover for the benefit of the corporation excessive salaries alleged to have been paid to the defendants as its officers. The case was referred to a master. Since there is no report of the evidence, his findings of fact must be accepted as final and true. Smith v. Lloyd, 224 Mass. 173.

It appears from the master’s report that the corporation, judged by its receipts, has been highly successful, increasing from about $32,000 in 1915 to something in excess of $223,000 *538in 1922. Three of the defendants are…