SMITH v. BROWN-BORHEK CO.

No. 9.

29 Pa. D. & C. 2d 684 (1963)

Smith v. Brown-Borhek Co.

Common Pleas Court of Lehigh County, Pennsylvania.

February 13, 1963.


Attorney(s) appearing for the Case

Dower, Kanehann, Huston & McDonald, for plaintiff.

McFadden, Riskin & Williams, for defendants.


HENNINGER, P. J., February 13, 1963.

Plaintiff, owner of 516 shares of stock in defendant corporation, filed this complaint in equity averring that individual defendants, who are the directors of defendant corporation, failed to discharge their duties with due diligence, care and skill, that they were guilty of gross neglect and inattention, palpable breach of trust, mismanagement, malfeasance and nonfeasance in lending credit to Raydel Homes Corporation, when such...

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