KADISH v. PHX.-SCOTTS. SPORTS COMPANY

No. 1 CA-CIV 1047.

11 Ariz. App. 575 (1970)

466 P.2d 794

Moses KADISH and Doris R. Kadish, husband and wife, Appellants, v. PHX.-SCOTTS. SPORTS COMPANY, an Arizona corporation, and Frank Farella, individually and on behalf of the other stockholders of Phx.-Scotts. Sports Company, Appellee.

Court of Appeals of Arizona, Division 1. Department B.

March 25, 1970.


Attorney(s) appearing for the Case

D'Antonio & Videen, by Garven W. Videen, Tucson, for appellants.

Lewis, Roca, Beauchamp & Linton, by John P. Frank, Gerald K. Smith, Michael J. LaVelle, Phoenix, for appellee.


JACOBSON, Judge.

The liability of officers and directors of a corporation for allegedly unauthorized expenditures for non-corporate purposes is presented in this appeal from the Superior Court of Maricopa County.

On November 4, 1964, plaintiff-appellee, FRANK FARELLA, hereinafter referred to as Farella, filed a stockholders' derivative suit against defendants-appellants, MOSES KADISH and DORIS R. KADISH, his wife, seeking judgment for funds allegedly diverted...

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