Teele v. Rockport Granite Co.
Massachusetts Supreme Judicial Court
Bill in equity, filed in the Supreme Judicial Court on April 9, 1915; and, Petition for a writ of mandamus, filed in that court on March 5, 1915, both proceedings being brought by Mary P. Teele, a stockholder in the defendant corporation, to compel compliance by it with the provisions of St. 1903, c. 437, § 44. That section is as follows: "A stockholder in any corporation which shall have duly voted to sell, lease or exchange all its property and assets or to change the…
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Bill in equity, filed in the Supreme Judicial Court on April 9, 1915; and, Petition for a writ of mandamus, filed in that court on March 5, 1915, both proceedings being brought by Mary P. Teele, a stockholder in the defendant corporation, to compel compliance by it with the provisions of St. 1903, c. 437, § 44. That section is as follows: "A stockholder in any corporation which shall have duly voted to sell, lease or exchange all its property and assets or to change the nature of its business in accordance with the provisions of section forty, who, at the meeting of stockholders, has voted…
1Opinion of the CourtRugg, C. J.
These two proceedings, one a suit in equity and the other a petition for a writ of mandamus, are brought by the plaintiff as a stockholder in the defendant corporation to compel compliance by it with the provisions of St. 1903, c. 437, § 44, on the ground that the defendant corporation has voted “to change the nature of its business.”
The purposes for which the defendant was incorporated in 1864 were “The quarrying and preparing for the market of stone in the towns of Rockport and Gloucester in the county of Essex and Commonwealth of Massachusetts, and for selling the same.” On November…
2Cases cited11 opinions
- Davis v. Old Colony RailroadMassachusetts Supreme Judicial Court · 1881
- Jacksonville, Mayport, Pablo Railway & Navigation Co. v. HooperSupreme Court of the United States · 1896
- Gould's CaseMassachusetts Supreme Judicial Court · 1913
- Gloucester Water Supply Co. v. City of GloucesterMassachusetts Supreme Judicial Court · 1901
- Longyear v. HardmanMassachusetts Supreme Judicial Court · 1914
6 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Nowel v. Equitable Trust Co.Massachusetts Supreme Judicial Court · 1924
- Insurance Co. of North America v. Commissioner of InsuranceMassachusetts Supreme Judicial Court · 1951
- MacRae v. Selectmen of ConcordMassachusetts Supreme Judicial Court · 1937
- Abbot v. Waltham Watch Co.Massachusetts Supreme Judicial Court · 1927
- Digney v. BlanchardMassachusetts Supreme Judicial Court · 1917
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