QUICK v. AMERICAN STEEL AND PUMP CORPORATION

No. 373, Docket 31978.

397 F.2d 561 (1968)

Donald QUICK and Beatrice Quick, Appellees-Appellants, v. AMERICAN STEEL AND PUMP CORPORATION, Appellant-Appellee.

United States Court of Appeals Second Circuit.

Decided June 28, 1968.


Attorney(s) appearing for the Case

Austin D. Graham, New York City (Hershcopf & Graham, New York City), for Donald and Beatrice Quick.

William H. Frappollo, New York City (John A. Vassallo, Saxe, Bacon & Bolan, New York City), for American Steel and Pump Corporation.

Before MOORE, WOODBURY and SMITH, Circuit Judges.


WOODBURY, Senior Circuit Judge:

The plaintiff Donald Quick, referred to as the plaintiff hereinafter for the rights of his wife, the other plaintiff, are derivative, was employed by the defendant as its treasurer on October 1, 1947. In 1949, while continuing as treasurer, he became a vice president and a director of the defendant's subsidiary corporations and divisions and on November 29, 1954, he became the defendant's president. He was also a director and a stockholder...

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