Legal Opinion
Sanitary Farm Dairies, Inc. v. Gammel
Court of Appeals for the Eighth Circuit
Decided May 13, 1952No. 14252PublishedCited by 36 opinions
1Opinion of the Court
JOHNSEN, Circuit Judge.
This is a suit by a stockholder against the corporation for specific performance of a contract to repurchase his common stock. The appeal is by the corporation from the amount fixed by the trial court as the value or price of the stock under the contract. The rights of the parties are governed by Minnesota law.
The contract, made in 1929, gave plaintiff an option, without limitation as to time, to resell to defendant the stock involved, “at a sum of money per share equal to twelve times the net earnings per share of said common stock for the preceding twelve months.”…
2Cases cited14 opinions
- Morris Plan Industrial Bank v. HendersonCourt of Appeals for the Second Circuit · 1942
- Mork v. Eureka-Security Fire & Marine Insurance Co.Supreme Court of Minnesota · 1950
- Floyd v. Ring Const. CorporationCourt of Appeals for the Eighth Circuit · 1948
- Dunsdon v. Federal Land Bank of St. PaulCourt of Appeals for the Eighth Circuit · 1943
- St. Paul & Northern Pacific Railway Co. v. BradburySupreme Court of Minnesota · 1889
9 more not listed; retrieve them via the Exa API.
3Cited by36 opinions
- Ferroline Corp. v. General AniLine & Film Corp.Court of Appeals for the Seventh Circuit · 1953
- M. W. O'rieley, Trustee in Bankruptcy of Woerderhoff Shoe Co., Inc. v. Endicott-Johnson CorporationCourt of Appeals for the Eighth Circuit · 1961
- Levine v. Wiss & Co.Supreme Court of New Jersey · 1984
- Milliken Research Corporation v. Dan River, Inc.Court of Appeals for the Federal Circuit · 1984
- Murray v. Alfab, Inc.Supreme Court of Alabama · 1992
31 more not listed; retrieve them via the Exa API.