Hayden v. Official Hotel Red-Book & Directory Co.
U.S. Circuit Court for the District of Southern New York
In Equity. Bill by a stockholder to set aside a sale of the corporate property to a combination formed by the majority. On motion for a preliminary injunction.
1Opinion of the CourtWallace, J.
It appears upon this motion that the Travelers’ Publishing Company, a commerical corporation, became financially embarrassed, and its stockholders, at a meeting called to consider its affairs, concluded to wind up the business, and sell its property to pay its debts, añd at this meeting authorized the board of .trustees to make sale of the whole or any part of the property at public or private sale, as in their judgment should seem best; that the trustees concluded to sell the property at public auction, and after reasonably advertising the sale, and giving notice thereof to all the…
2Cases cited1 opinion
- Ervin v. Oregon Ry. & Nav. Co.U.S. Circuit Court for the District of Southern New York · 1886
3Cited by8 opinions
- Symmes v. Union Trust Co.U.S. Circuit Court for the District of Nevada · 1894
- Cardin Bldg. Co. v. SmithSupreme Court of Oklahoma · 1927
- Arents v. Blackwell's Durham Tobacco Co.U.S. Circuit Court for the District of Eastern North Carolina · 1900
- Ryan v. WilliamsU.S. Circuit Court for the District of Eastern Virginia · 1900
- Potter v. Victor Page Motors Corp.District Court, D. Connecticut · 1924
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