Whitaker v. Kilby

The Northwestern Telephone and Telegraph Company was incorporated in the State of Delaware in the year 1900, and immediately thereafter constructed a telephone line in the village of Carthage and the surrounding country. It was what is known as an independent company, not affiliated with the various Bell companies. It had seven directors, of whom three constituted a quorum.

In the year 1899 there had been organized in the city of *338Watertown the Citizens’ Telephone Company, also an independent company. In this company the plaintiff held a large proportion of the stock and, with his friends was…