Legal Opinion

Edmunds v. Illinois Central Railroad

Illinois Circuit Court

Decided February 20, 1908No. General No. 263, 420Published

Motion to dissolve injunction restraining defendants from voting stock of the Illinois Central Railroad at the annual stockholders’ meeting. Heard before Judge Farlin Q. Ball.. Opinion rendered Feb. 20, 1908. ■ •

1Opinion of the Court

Opinion.

Ball, J.: — '

This case comes before the court on a motion to dissolve the temporary injunction.

It is urged that complainants, under the rules of equity practice should have requested the officers and directors of the Illinois Central to bring this suit — that such a request and a refusal by the corporation are necessary prerequisites to their right to begin this action.

This suit might have been brought by the Illinois Central. Its subject matter is one in which all the stockholders of that corporation are equally interested. The bill is framed on that theory. It states that…

2Cases cited52 opinions

  1. Northern Securities Co. v. United StatesSupreme Court of the United States · 1904
  2. Hawes v. OaklandSupreme Court of the United States · 1882
  3. Minnesota v. Northern Securities Co.Supreme Court of the United States · 1904
  4. Cowell v. Springs Co.Supreme Court of the United States · 1879
  5. People ex rel. Peabody v. Chicago Gas Trust Co.Illinois Supreme Court · 1889

47 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API