Nielsen

Nielsen v. Gillespie

Good Law
1929 Cal. App. LEXIS 815·97 Cal. App. 319·275 P. 500
Court of Appeal of CaliforniaMarch 1, 1929Docket No. 6689.California400 words

Opinion

Lead Opinion

An appeal by the plaintiff from a judgment entered, for defendants and respondents Gillespie, Gray, and Hendry, following his refusal to further amend his fourth amended complaint.

As stated by appellant, the gist of his complaint against respondents is that, being neither directors nor officers of the corporation defendant, which was organized under the laws of the state of California, upon their representations that they would manage and operate its business, three of the five corporate directors were induced to resign, whereupon respondents took control of the corporate business and property; that through the acts of the respondents, which were alleged to have been done for the purpose of destroying the business of the corporation, this result followed, and its property, through proceedings brought by its creditors, was sold for less than its value. It was further alleged that as a consequence of these acts the plaintiff, to whom the corporation is indebted in the sum of $6,500, is unable to collect his claim from the corporation, and he seeks by this action to recover from respondents the amount thereof as damages.

If the business of the corporation was destroyed and its…

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