Dallas v. Columbia Iron & Steel Co.

Supreme Court of Pennsylvania November 13, 1893

Dallas v. Columbia Iron & Steel Co., 158 Pa. 444 (Pa. 1893)

27 A. 1055; 1893 Pa. LEXIS 1610

Cttbiam, Dean, Green, Mitchell, Sterrbtt, Thompson, Williams

Opinion of the Court

Pee Cttbiam,

An examination of this record, with special reference to the several specifications, has satisfied us that there is no error, either in the charge of the learned president of the common pleas or in his answers to defendant’s first and second points for charge, that requires a reversal of the judgment. The testimony tending to sustain plaintiff’s claim for compensation, etc., was rightly submitted to the jury with proper instructions.

Judgment affirmed.

Reference

Cited By: 1 case
Status: Published
Syllabus: Contract — Corporations — Agreement with creditors — Compensation for superintendence — Joint action. The creditors of a corporation agreed to grant an extension of time under a written agreement which contained the following clause: “ That the corporation be, during the said period of five years, operated under the direction and management of a committee of three practical iron and steel men, to be selected by the creditors, whose duty it shall be to see that the plant is run in a proper manner, and that the machinery and trade thereof shall be kept up in good, healthy condition, to steadily make money.” The agreement was signed by the name of the corporation. Held, that the three members of the committee of superintendence had a right to recover from the corporation in a joint action compensation for their services.