Sears v. Hotchkiss
Supreme Court of Connecticut
This was a bill in chancery brought by John Sears, Charles Sears and Alfred Eggleston, of Sharon, and Nathaniel Benedict, of Salisbury, against Asahel Hotchkiss and others, to the August term of the superior court for the county of Litchfield.
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This was a bill in chancery brought by John Sears, Charles Sears and Alfred Eggleston, of Sharon, and Nathaniel Benedict, of Salisbury, against Asahel Hotchkiss and others, to the August term of the superior court for the county of Litchfield. The bill alleged substantially that a corporation had been created under the statute laws of this state, by the name of the “ Jewett Manufacturing Company,” which was located at Sharon and engaged in the manufacture of a variety of articles of common and malleable iron castings. That the capital stock of said corporation was twenty-one thousand dollars,…
1Opinion of the CourtHinman, J.
The question in this case arises upon démurrer to the bill for want of equity. The demurrer for want of proper parties has been disposed of by bringing in the Jewett Manufacturing Company, as a party defendant, so that now all' parties in interest are before the court. Without going much into detail, it is sufficient to say that the plaintiffs are holders of stock, and three of them are directors of the Jewett Manufacturing Company, and the defendants are the remaining stockholders, who have a majority of the stock, and also constitute a majority of the directors, together with the…
2Cases cited2 opinions
- Robinson v. SmithNew York Court of Chancery · 1831
- Gray v. President of the Portland BankMassachusetts Supreme Judicial Court · 1807
3Cited by11 opinions
- Waller v. WallerCourt of Appeals of Maryland · 1946
- Baker v. Administrator of BackusIllinois Supreme Court · 1863
- Greenwood v. GreenblattSupreme Court of Georgia · 1931
- Doud v. Wisconsin, Pittsville & Superior Railway Co.Wisconsin Supreme Court · 1886
- Pratt v. Pratt, Read & Co.Supreme Court of Connecticut · 1866
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