Schaffhauser v. Arnholt & Schaefer Brewing Co.

Citations

• 218 Pa. 298
• 67 A. 417
• 1907 Pa. LEXIS 507

Syllabus

<p>Corporations — Officers—Salary—President—Vote of officer on his own salary.</p> <p>The president of a corporation cannot, against the protest of a minority of the board of directors, and as against stockholders who choose to challenge the action, sustain a claim for an increase of salary, the right to which, if it exists, is secured by his own vote as a member of the board which allows it.</p>