Blaustein v. Pan American Petroleum & Transport Co.
New York Court of Appeals
1Opinion of the CourtLewis, J.
This is a stockholders derivative action. It was instituted by Louis Blaustein and his son Jacob Blaustein who, at the commencement of the action, were not only substantial minority stockholders of Pan American Petroleum and Transport Company — to which reference will be made as “ Pan Am” — but also were directors and respectively its president and executive vice-president. The subsequent death of Louis Blaustein led to the substitution of his executors as plaintiffs. Other plaintiffs in the action and the interveners, Haas and Barry, are also minority stockholders of Pan Am.
The defendant…
2Cases cited8 opinions
- Berkey v. Third Avenue Railway Co.New York Court of Appeals · 1926
- Pollitz v. . Wabash R.R. Co.New York Court of Appeals · 1912
- Farmers' Loan & Trust Co. v. New York & Northern Railway Co.New York Court of Appeals · 1896
- Costello v. . CostelloNew York Court of Appeals · 1913
- Seymour v. Spring Forest Cemetery Ass'nNew York Court of Appeals · 1895
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3Cited by63 opinions
- Pan American Petroleum Corp. v. Wyoming Oil & Gas Conservation CommissionWyoming Supreme Court · 1968
- Ripley v. International Railways of Central AmericaNew York Court of Appeals · 1960
- Miller v. MillerSupreme Court of Minnesota · 1974
- Alexander & Alexander of New York, Inc. v. FritzenAppellate Division of the Supreme Court of the State of New York · 1989
- Chelrob, Inc. v. BarrettNew York Court of Appeals · 1944
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