McKean v. Riter-Conley Manufacturing Co.

Citations

• 230 Pa. 319
• 79 A. 561
• 1911 Pa. LEXIS 609

Syllabus

<p>Corporations — Increase in salary — General manager — Board of directors — By-laws.</p> <p>The right of a director in a corporation, who is also its general manager, to recover for an increase in salary in the latter position, depends upon his ability to show an express contract or agreement by the corporation to increase his salary; and when it appears that the by-laws of the company declared that its board of directors should have the management of the business of the corporation and, from time to time, change the salary or emoluments of its managers, such a claim is barred by a finding that the board of directors never authorized such an increase.</p>