Plaintiff, Isidoro Iacobelli, and the individual defendants, Carlo Iacobelli and Donato Tullio, owned all the outstanding shares of the capital stock of defendant, D & W Construction Company, Inc. Each of the three owned 2000 shares of its common stock and each held a promissory note from the corporation in the amount of $8,000. The parties had a dispute which resulted in litigation. The controversy was...
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