106 Cal. 327 | Cal. | 1895
This is an action brought by a stockholder of a bank for himself and other stockholders, to compel the defendant, Crittenden, to account, as president of said bank, for certain moneys received by him
There were, no doubt, errors committed by the trial court in ruling upon the admissibility of evidence. A mass of irrelevant documentary matter was admitted; but it did no harm, because it did not obscure, nor in any way affect, the main fact upon which the case turns, namely: that the increase of the salary of the president depended upon and was accomplished by his own vote as a trustee. This fact fully appears from the evidence, and is unaffected by any rulings claimed to be erroneous. As was said in Wickersham v. Crittenden, supra, the trustees cannot “ vote a salary to one of their number as president when he takes part in the proceeding and his vote is essential to the adoption of the resolution. The right of Crittenden to withdraw the money of the bank as compensation for such services was not increased by his causing to be spread upon its records a resolution that he might receive that amount as his salary.” This is conclusive of the case in favor of respondent; and it is of no consequence whether the salary was a proper one or not. Neither is it necessary to examine into the other features of the struggle between the appellant and respondent to obtain control of the management of the bank. The resolution raising the salary of appellant was invalid; and that is the only matter necessary to be considered in the case. The complaint was sufficient, because it set up the fact above stated. The case is one of those equity cases in which there is no right to a jury.
The judgment and order appealed from are affirmed.
Rehearing denied.