Legal Opinion

Ex Parte American Life Insurance Company

Supreme Court of Alabama

Decided November 11, 1954No. 6 Div. 644, 644-APublishedCited by 2 opinions

1Opinion of the Court

SIMPSON, Justice.

This is a derivative stockholder’s suit brought against the American Life Insurance Company and certain corporate officers. Complainants in an unverified bill prayed that a mandatory injunction be issued ordering the respondent company to submit its books and records to complainants for examination; that a receiver be appointed to take charge of the property of respondents Montgomery, Wert and Hobbs ; and that the above-named individuals be ordered to submit to an oral examination in aid of the relief prayed for. Demurrers to the bill were overruled by the trial court and an…

2Cases cited4 opinions

  1. Campbell v. StateSupreme Court of Alabama · 1941
  2. AMERICAN LIFE INSURANCE COMPANY v. PowellSupreme Court of Alabama · 1954
  3. Nolen v. WileySupreme Court of Alabama · 1945
  4. Boykin, Seddon & Co. v. EpsteinSupreme Court of Georgia · 1891

3Cited by2 opinions

  1. Ex parte O'ConnellSupreme Court of Alabama · 1957
  2. Alabama Alcoholic Beverage Control Board v. RobertsSupreme Court of Alabama · 1962

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