Johnson v. BALDWIN
Supreme Court of South Carolina
1Opinion of the Court
OxnEr, Justice.
This is a derivative action brought by a stockholder of the Brandon Corporation to recover damages for alleged mismanagement on the part of the directors. Certain injunctive relief is also sought. It was commenced in January, 1946, by the service of a summons dated July 14, 1945. The case is here on appeal from an order dated March 31, 1951, dismissing the complaint upon the ground that the plaintiff had ceased to be a stockholder and, therefore, no longer had the capacity to prosecute the action.
It was alleged in the complaint that the plaintiff, appellant here, owned 56…
2Cases cited16 opinions
- Meyer v. FlemingSupreme Court of the United States · 1946
- Cole v. National Cash Credit Ass'nCourt of Chancery of Delaware · 1931
- Anderson v. International Minerals & Chemical Corp.New York Court of Appeals · 1946
- Cole v. WellsMassachusetts Supreme Judicial Court · 1916
- Adams v. United States Distributing Corp.Supreme Court of Virginia · 1945
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3Cited by26 opinions
- Cohen v. Mirage Resorts, Inc.Nevada Supreme Court · 2003
- Bradley v. HullanderSupreme Court of South Carolina · 1978
- Twenty Seven Trust v. Realty Growth InvestorsDistrict Court, D. Maryland · 1982
- Hite v. Thomas & Howard Co. of Florence, Inc.Supreme Court of South Carolina · 1991
- Pelfrey Ex Rel. Associated Railway Contractors, Inc. v. Bank of GreerSupreme Court of South Carolina · 1978
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