Seagrist v. Reid
Appellate Division of the Supreme Court of the State of New York
Appeal by the plaintiffs, Theresa Seagrist and others, from a resettled order of the Supreme Court, made at the New York Special Term and entered in the office of the clerk of the county of New York on the 12th day of January, 1916, directing them to reply to new matter contained in the supplemental answers of certain of the defendants; also an appeal from an order entered in said clerk’s office on the same day, denying their motion to bring in Jacob M. Dickinson as receiver…
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Appeal by the plaintiffs, Theresa Seagrist and others, from a resettled order of the Supreme Court, made at the New York Special Term and entered in the office of the clerk of the county of New York on the 12th day of January, 1916, directing them to reply to new matter contained in the supplemental answers of certain of the defendants; also an appeal from an order entered in said clerk’s office on the same day, denying their motion to bring in Jacob M. Dickinson as receiver and ancillary receiver of the Chicago, Bock Island and Pacific Bailway Company as a party defendant; also an appeal…
1Dissent
Scott, J. (dissenting):
Although the three orders appealed from, the appeals from which have been argued together, are not necessarily interdependent, they may without inconvenience be considered together.
The action is a representative one by certain stockholders of the Chicago, Rock Island and Pacific Railway Company, suing in the right of the corporation, to recover from the individual defendants, who are or were directors of said corporation, a large sum of money said to have been lost to the corporation in consequence of the fraud, maladministration or misfeasance of said directors. The…
2Cases cited2 opinions
- Porter v. SabinSupreme Court of the United States · 1893
- Humboldt Exploration Co. v. FritschAppellate Division of the Supreme Court of the State of New York · 1912