Summary
In Poole v. Camden, 79 W. Va. 310, 92 S.E. 454, this Court said: "The relationship of a director to a stockholder in a corporation is not that of strict fiduciary capacity so as to preclude him as a matter of law from purchasing the shares of stock of such stockholder without incurring the penalty of having the sale set aside at the election of the stockholder, regardless of the facts and circumstances of the transaction."
Summary of this case from Bank v. Coal Corp.Opinion
November 21, 2006.
Petitions for Certification Denied.