SCHICK v. RIEMER

No. 28646.

263 S.W.2d 51 (1953)

SCHICK et al. v. RIEMER et al.

St. Louis Court of Appeals. Missouri.

Rehearing Denied January 15, 1954.


Attorney(s) appearing for the Case

Roberts P. Elam, Clifford Greve, St. Louis, for appellants.

Coburn, Storckman & Croft, Clem F. Storckman, St. Louis, for respondents.


HOUSER, Commissioner.

This is a suit by Harry Schick and Walter Ennis, minority stockholders, against Francis Riemer, the majority stockholder, Carl J. Stay and F. Lee Riemer, stockholders, and against the corporation itself, in which plaintiffs seek judgment on the theory that a single, dominant, majority and controlling stockholder has no legal right to vote to pay himself and his subservient nominee assets out of the corporate treasury without the knowledge and...

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