California Court of Appeal October 21, 1952, Civ. No. 18764 (Benedict Heights, Inc. v. Germon)

WOOD (Parker), J.

In the complaint it is alleged that the defendants, except William MeClean and the Santa Monica Escrow Company, were officers and directors of plaintiff corporation from the time of incorporation on January 19, 1948, to March 6, 1950; while said defendants occupied such positions they received $41,500 on behalf of the corporation ; all the defendants conspired among themselves