Legal Opinion

Fuller v. American Machine & Foundry Co.

District Court, S.D. New York

Decided May 25, 1951PublishedCited by 5 opinions

1Opinion of the Court

WEINFELD, District Judge.

This derivative- action was commenced by two plaintiffs, owners since 1943 of 200 shares of stock of the- defendant International Cigar Machinery Company.

On June- 19; 1950^ shortly after the commencement of the action, the plaintiffs by an order of Judge Irving R. Kaufman D. C., 91 F.S-tupp’. 710’ were- required to furnish *743$3,500 security for International's reasonable expenses, including attorneys’ fees, and all proceedings, except to’ review or vacate the order until security was furnished, were stayed. New York General Corporation Law, McK.Consol.Laws, c. 23,…

2Cases cited6 opinions

  1. Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
  2. Commercial Union of America, Inc. v. Anglo-South American Bank, Ltd.Court of Appeals for the Second Circuit · 1925
  3. Lapchak v. BakerNew York Court of Appeals · 1948
  4. Fuller v. American MacHine & Foundry Co.District Court, S.D. New York · 1950
  5. Fuller v. American MacHine & Foundry Co.District Court, S.D. New York · 1951

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

3Cited by5 opinions

  1. Citizens National Bank of St. Petersburg v. PetersDistrict Court of Appeal of Florida · 1965
  2. Hoover v. AllenDistrict Court, S.D. New York · 1960
  3. Lerman v. TenneyCourt of Appeals for the Second Circuit · 1970
  4. Roach v. Franchises International, Inc.Appellate Division of the Supreme Court of the State of New York · 1969
  5. Lerman v. TenneyCourt of Appeals for the Second Circuit · 1970

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