Field v. Lamson & Goodnow Manufacturing Co.
Massachusetts Supreme Judicial Court
Contract, to recover the amount of dividends alleged to be due the plaintiff as the owner of preferred stock in the defendant corporation. The case was submitted to the Superior Court, and, after judgment for the defendant, to this court, on appeal, upon agreed facts, the material parts of which appear in the opinion. The case was argued at the bar in September, 1894, and after-wards was submitted on the briefs to all the judges.
1Opinion of the CourtMorton, J.
The plaintiff is the holder and owner of thirty shares of preferred stock in the defendant company. Part of *390them he obtained from the trustee as a creditor of the company under the indenture of compromise, and part of them he acquired by purchase from another person.* Although the shares differ in important respects from common shares in the defendant company, we think that the plaintiff must be regarded as a stockholder, and not as a creditor. Williston v. Michigan Southern & Northern Indiana Railroad, 13 Allen, 400. Williams v. Parker, 136 Mass. 204. St. John v. Erie Railway, 22 Wall. 136.…
2Cases cited7 opinions
- Boardman v. Lake Shore & Michigan Southern Railway Co.New York Court of Appeals · 1881
- New York, Lake Erie, & Western Railroad v. NickalsSupreme Court of the United States · 1886
- Lockhart v. Van AlstyneMichigan Supreme Court · 1875
- St. John v. Erie Railway Co.Supreme Court of the United States · 1875
- Wiley v. Inhabitants of AtholMassachusetts Supreme Judicial Court · 1890
2 more not listed; retrieve them via the Exa API.
3Cited by31 opinions
- Crimmins & Peirce Co. v. Kidder Peabody Acceptance Corp.Massachusetts Supreme Judicial Court · 1933
- Hurley v. Boston Railroad Holding Co.Massachusetts Supreme Judicial Court · 1944
- Spencer v. SmithCourt of Appeals for the Eighth Circuit · 1912
- Page v. Whittenton Manufacturing Co.Massachusetts Supreme Judicial Court · 1912
- Boston Safe Deposit & Trust Co. v. AdamsMassachusetts Supreme Judicial Court · 1914
26 more not listed; retrieve them via the Exa API.