CORPORATIONS, § 299 — president's power to discharge employee. Where corporate employer's president and general manager had for several years, with knowledge of employer's board of directors, hired and discharged employees without approval by formal resolution of board, president could properly discharge an employee having no stated term of employment notwithstanding that board failed to approve discharge in accordance with board's resolution providing that no person should be employed or discharged without board's approval, since board had "waived" or abrogated such resolution by nonuse thereof.
See Callaghan's Illinois Digest, same topic and section number.
Opinion by JUSTICE SULLIVAN.
Not to be published in full. Opinion filed May 4, 1948; released for publication June 4, 1948.