Prindiville v. Johnson & Higgins
Supreme Court of New Jersey
On appeal from a decree in chancery advised by Vice-Chancellor Backes, and reported in &£ N. J: Fq. 515.
1Opinion of the Court
The opinion of the court was delivered by
Gummere, Chiee-Justioe.
The bill in this case was filed by the appellant, Prindiville, a stockholder in the Johnson & Higgins Company, to compel it to pay him certain dividends upon his holdings of capital stock, notwithstanding the fact that such payment is prohibited by the charter of the compan}'', and to restrain the payment of what he claims to be excessive salaries to the officers of the corporation.
The facts involved in the litigation are fully set forth in the opinion promulgated by the learned vice-chancellor, and it is not necessary to restate…
2Cited by16 opinions
- Ryan v. Motor Credit Co., Inc.New Jersey Superior Court Appellate Division · 1941
- Gluck v. Rynda Development Co.New Jersey Court of Chancery · 1926
- Hill v. Warner, Berman & Spitz, PANew Jersey Superior Court Appellate Division · 1984
- Connecticut Telephone & Electric Co. v. Automotive Equipment Co.District Court, D. New Jersey · 1926
- Goodwin Motor Corp. v. Mercedes-Benz of NA, Inc.New Jersey Superior Court Appellate Division · 1980
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