JUDGE SCHWARTZ delivered the opinion of the court.
This is an appeal from an interlocutory order enjoining the defendant corporation (appellant), Alfred M. Steigerwald, its president, and Libera Y. Steigerwald, its secretary-treasurer, from diverting any corporate funds to Alfred M. Steigerwald other than compensation determined and approved by its board of directors.
The principal question is the validity of the appointment by the president of an executive...
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