American Vulcanized Fibre Co. v. Taylor
Court of Chancery of Delaware
Bill in Equity. The bill of complaint filed in this cause sought as ultimate relief an accounting, cancellation of stock in the' complainant company and a preliminary injunction to restrain the defendants transferring, incumbering or otherwise disposing of certain shares of stock held by them during the pendency of the cause.
Read the full summary
Bill in Equity. The bill of complaint filed in this cause sought as ultimate relief an accounting, cancellation of stock in the' complainant company and a preliminary injunction to restrain the defendants transferring, incumbering or otherwise disposing of certain shares of stock held by them during the pendency of the cause. Upon the filing of the bill a rule was issued requiring the defendants to show cause why such preliminary injunction should not be granted, and upon the return of the rule the matter was heard on bill, amendments to the bill, affidavits and exhibits.
1Opinion of the Court
The Chancellor.
The complainant seeks to obtain, pending the final determination of the cause, an order to restrain the defendant (1) from voting on, (2) from receiving dividends on, and (3) from transferring, incumbering,-or otherwise disposing of, any shares of stock of the company received or derived mediately, or immediately, from Franklin Taylor, or his estate. They also seek to restrain the disposition of any other property acquired by the defendants from Franklin Taylor, or his estate.
In disposing of the motion for the preliminary injunction it is assumed, though not decided (for there…
2Cases cited4 opinions
- Empire State Surety Co. v. Carroll CountyCourt of Appeals for the Eighth Circuit · 1912
- Coxe v. Huntsville Gas Light Co.Supreme Court of Alabama · 1900
- Marshall v. MarshallColorado Court of Appeals · 1898
- Draper v. StoneSupreme Judicial Court of Maine · 1880
3Cited by1 opinion
- Consolidated Film Industries, Inc. v. JohnsonSupreme Court of Delaware · 1937