Keck

Keck v. Keck

Good Law
1931 Cal. LEXIS 729·211 Cal. 521·295 P. 1029
Supreme Court of CaliforniaFebruary 16, 1931Docket No. Sac. 4342.California1,147 words

Opinion

Lead Opinion

Preston, J.

This is a family dispute centering around the control and management of a California family corporation organized in 1908 and known as the Keck Company. The father, G. 0. Keck, and the brothers, A. W. Keck and Ralph D. Keck, complete the dramatis personae. The latter, however, plays an unimportant role, leaving the father and the other son, A. W. Keck, as the principal actors. Both the father and the son, Ralph D. Keck, have died since judgment in this action and their respective personal representatives have been substituted as parties appellant.

The Keck Company has a capital stock of 1,000 shares of the par value of $100 each and from the date of its organization until about the year 1919 it was an active concern engaged in extensive farming operations. It now owns real estate of the approximate value of $50,000. Since 1919 it has been a dormant corporation but at that time it owned a considerable amount of liquid assets other than said real property. Prom its organization until the year 1922' it was under the active management of A. W. Keck. During that year, however, on account of both physical and mental illness he disappeared from the scene of action and remained away…

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