Facts
Saul D Harrison & Sons plc ran a business that was established in 1891 by the petitioner's great grandfather. It made industrial cleaning and wiping cloths, made from waste textiles. It operated from West Ham and after 1989 from Hackney. The petitioner had "class C" shares, which gave her rights to dividends and capital distribution in a liquidation. But she had no entitlement to vote, and the company had been running at a loss. She alleged that the directors (who were her cousins) had unfairly kept running the business just so they could pay themselves cushy salaries. Instead, she said, they should have closed down the business and distributed the assets to the shareholders.
Read more about this topic: Re Saul D Harrison & Sons Plc
Famous quotes containing the word facts:
“Scholars dream of finding small facts pregnant with great progeny.”
—Mason Cooley (b. 1927)
“Now what I want is facts. Teach these boys and girls nothing but facts. Facts alone are wanted in life. Plant nothing else and root out everything else. You can only form the minds of reasoning animals upon Facts: nothing else will ever be of any service to them.”
—Charles Dickens (1812–1870)
“Facts as facts do not always create a spirit of reality, because reality is a spirit.”
—Gilbert Keith Chesterton (1874–1936)