Court Opinion

ID: 8821813
Source: CourtListenerOpinion
Date Created: 2022-11-26 15:36:02.677485+00
Date Added: 2024-06-11T17:04:39.545958
License: Public Domain

Mr.. Presiding Justice Barnes delivered the opinion of the court. Abstract of the Decision. 1. Corporations, § 284*—when officer’s salary not suspended. Where the records of a corporation show that its secretary’s salary was voted him as an officer of the corporation and not for the performance of extra services outside of the regular duties of his office, the fact that the corporation temporarily suspends active operation and thus dispenses with the necessity of the extra services which he had been performing does not affect his right to the salary. 2. Corporations, § 296*—when evidence insufficient to show agreement by officer to waive salary. In an action to recover compensation as secretary of a corporation, where defendant claims that plaintiff agreed to suspend his salary during a period in which the corporation was not in active operation, where the only evidence directly bearing on the subject is that a conversation was had between plaintiff and defendant’s president, the latter testifying that it was to the effect that salaries were to cease until operations were resumed, while the former claims that it was that salaries were to be credited but not paid until operations were resumed, and the plaintiff’s contention is corroborated by the fact that he was credited with his salary on the corporation’s books with the knowledge of the president who gave no orders to the contrary, it is sufficient to support a judgment for plaintiff.