SAVAGE v. MAYER

Docket No. L.A. 20723.

33 Cal.2d 548 (1949)

203 P.2d 9

JOHN E. SAVAGE, Respondent, v. RUDOLPH W. MAYER, Appellant.

Supreme Court of California. In Bank.

March 4, 1949.


Attorney(s) appearing for the Case

Oliver O. Clark and Robert A. Smith for Appellant.

A.S. Goldman and Charles I. Rosin for Respondent.


GIBSON, C.J.

This is an appeal from a judgment for plaintiff in the amount of $26,400, found to have been wrongfully retained by defendant as secret profits while acting in a fiduciary capacity.

Plaintiff was introduced to defendant in October, 1944, and after several meetings, primarily of a social nature, defendant asked if plaintiff would be interested in forming a group to undertake the management of a certain corporation by purchasing a controlling interest...

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