Summary
In MacArthur v. Cannon, 4 Conn. Cir. Ct. 208, 229 A.2d 372 (1967), two corporate officers, who owned 100 percent of the stock, executed a note and deposited the proceeds in the corporation's account to pay off corporate debts.
Summary of this case from Hendel v. MedleyOpinion
L. Paul Sullivan, in support of the petition.
Michael Schless and Elliott B. Pollack, in opposition.
Submitted February 20, 1967
Decided March 23, 1967
The petition by the defendant for certification for appeal from the Appellate Division of the Circuit Court is denied.