Legal Opinion
Matter of Morse (Bank of America)
New York Court of Appeals
Decided February 14, 1928PublishedCited by 41 opinions
1Opinion of the CourtPound, J.
This is a proceeding to review the election of directors of the respondent, The Bank of America, a domestic banking corporation, held January 11, 1927. The question is as to the right of trustees under a voting trust agreement entered into prior to March 12, 1925, to vote the stock held by them at such election.
A voting trust agreement confers on voting trustees the right to vote on stock transferred to them for such purpose, irrevocably for a definite period. Stock transferred under such an agreement is canceled and trust certificates are issued by the trustees to the stockholders. The right…
2Cases cited11 opinions
- Noble State Bank v. HaskellSupreme Court of the United States · 1911
- People Ex Rel. Durham Realty Corp. v. La FetraNew York Court of Appeals · 1921
- Woollcott v. . ShubertNew York Court of Appeals · 1916
- Matter of WentworthNew York Court of Appeals · 1920
- Lord v. Equitable Life Assurance Society of the United StatesNew York Court of Appeals · 1909
6 more not listed; retrieve them via the Exa API.
3Cited by41 opinions
- Caminetti v. Pac. Mut. Life Ins. Co. of Cal.California Supreme Court · 1943
- Matter of Delmar Box Co.(ætna Ins. Co.)New York Court of Appeals · 1955
- Knight-Ridder Broadcasting, Inc. v. GreenbergNew York Court of Appeals · 1987
- People v. NewmanNew York Court of Appeals · 1973
- Abercrombie v. DaviesSupreme Court of Delaware · 1957
36 more not listed; retrieve them via the Exa API.