CHAMBERS v. BEAVER-ADVANCE CORP., 392 Pa. 481 (1958)

140 A.2d 808 Chambers, Appellant, v. Beaver-Advance Corporation. Supreme Court of Pennsylvania.October 9, 1957. May 2, 1958. Corporations — Bonuses of officers — Resolution of directors — Ratification by stockholders — Judicial review — Scope. 1. While the courts have some measure of supervision over the action of directors in fixing their own salaries as […]

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CHAMBERS v. BEAVER-ADVANCE CORP., 392 Pa. 481 (1958)

140 A.2d 808 Chambers, Appellant, v. Beaver-Advance Corporation. Supreme Court of Pennsylvania.October 9, 1957. May 2, 1958. Corporations — Bonuses of officers — Resolution of directors — Ratification by stockholders — Judicial review — Scope. 1. While the courts have some measure of supervision over the action of directors in fixing their own salaries as […]

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