Post v. Beacon Vacuum Pump & Electrical Co.
Court of Appeals for the First Circuit
Appeal from the Circuit Court of the United States for the District of Maine. This is a bill by Louis Post and others, as stockholders of the Beacon Vacuum Pump & Electrical Company, against such company and the Beacon Lamp Company, to rescind a transfer of the property of the former corporation to the latter.
1Opinion of the Court
PUTNAM, Circuit Judge.
The complainants are stockholders of the Beacon Vacuum Pump & Eleotrioal Company, which, for convenience, we will call the “Pump Company.” They bring this bill against that corporation and the Beacon Lamp Company, which we will call the “Lamp Company.” The capital stock of the Pump Company is $1,000,000, divided into 40,000 shares, of the par value of $25 each, all of which are outstanding. Complainants hold 2,-580 shares, being a fraction over one-sixteenth part of the entire issue. They assume to bring their bill in behalf of themselves and of all others in like…
2Cases cited5 opinions
- Grimes v. SandersSupreme Court of the United States · 1876
- United States v. American Bell Telephone Co.Supreme Court of the United States · 1897
- Clearwater v. MeredithSupreme Court of the United States · 1864
- Dimpfell v. Ohio & Mississippi Railway Co.Supreme Court of the United States · 1884
- Mason v. Pewabic Mining Co.Supreme Court of the United States · 1890
3Cited by4 opinions
- Hutchinson v. American Palace-Car Co.U.S. Circuit Court for the District of Maine · 1900
- Guaranty Trust Co. v. Williamsport Wire Rope Co.District Court, M.D. Pennsylvania · 1936
- American Elementary Electric Co. v. NormandyCourt of Appeals for the D.C. Circuit · 1917
- In re MileyDistrict Court, N.D. West Virginia · 1911