[Download] "Squaw Mountain Cattle Co. v. Bowen" by Supreme Court of the United States * Book PDF Kindle ePub Free

eBook details

Title: Squaw Mountain Cattle Co. v. Bowen
Author : Supreme Court of the United States
Release Date : January 06, 1991
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 65 KB

Description

The minority shareholders in the Two Bar-Muleshoe Water Company (Muleshoe) brought this derivative action against the corporations majority stockholder and president, Springer Jones, his wife and their ranch corporation, Squaw Mountain Cattle Company, for converting corporate assets. The action resulted from Jones - Page 1294 causing the bulk of a $1.25 million settlement from litigation to be distributed to himself and his relatives. The trial court found generally in the minority shareholders favor, but declined to assess punitive and exemplary damages. Both parties appeal.

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