Wallach v. Billings
Appellate Court of Illinois
Bill in chancery. Appeal from the Circuit Court of Cook county; the Hon. Richard S, Tuthh-l, Judge, presiding.
1Opinion of the CourtJustice Baldwin
To secure a reversal of the judgment of the court below, defendants here urge: (1) that the action of the trial court in granting the injunction and in refusing to dissolve it, amounts to a usurpation of the functions of its directors and stockholders; (2) that in the absence of fraud, a court of equity has no right to intervene by injunction, or by the appointment of a receiver in the settlement of the internal affairs of the corporation; (3) that the injunction granted is in direct violation of section 5242 of the U. S. Statutes, which prohibits the issuance of an attachment, injunction or…
2Cases cited11 opinions
- National Bank v. CommonwealthSupreme Court of the United States · 1870
- Richmond v. IronsSupreme Court of the United States · 1887
- Davis v. Elmira Savings BankSupreme Court of the United States · 1896
- Pacific National Bank v. MixterSupreme Court of the United States · 1888
- Jackson v. HooperSupreme Court of New Jersey · 1910
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3Cited by4 opinions
- Becker v. BillingsIllinois Supreme Court · 1922
- Wallach v. BillingsIllinois Supreme Court · 1917
- Bachman v. First-Mechanics National BankNew Jersey Court of Chancery · 1947
- Corbett v. Lincoln Savings & Loan Ass'nMissouri Court of Appeals · 1929