Morrison Waite

“ It is also true that the defendant, and all the other members of the syndicate, yielded to the condition insisted on by the complainant, that 'he should have the control of the management of the mine' if the purchase of a majority of the stock was made; but this was necessarily subject to such reasonable rules and regulations as should be adopted in a proper way, either by the stockholders or the directors, for the government of the conduct of the officers of the company. No attempt has been made to remove the complainant from his office of general manager. ”

“ All that the directors have done by their resolutions, of which complainant is made, is to prohibit the Bank of California, the treasurer of the company, from paying any checks of the company except such as are signed by the president or vice-president, and countersigned by the secretary ”