Legal Opinion

Holmes v. Crane

Appellate Division of the Supreme Court of the State of New York

Decided May 14, 1920PublishedCited by 7 opinions

Appeal by the plaintiffs, Robert Holmes and others, from a judgment of the Supreme Court in favor of the defendants, entered in the office of the clerk of the county of New York on the 22d day of November, 1918, upon the decision of the court, rendered after a trial at the New York Special Term, dismissing the amended complaint on the merits.

1Opinion of the Court

Laughlin, J.:

This is an action by minority stockholders of the St. Joseph Lead Company, which will be referred to as the company, a domestic corporation, in the right of the corporation, against Clinton H. Crane and Hugh N. Camp, two of its directors, and the executors of Dwight A. Jones, a deceased director, for an accounting for property and funds of the corporation used ultra vires through their alleged neglect and failure to perform their duties as directors and through alleged violations of law by them as officers and directors of the company. The number of directors prescribed in the…

2Cases cited10 opinions

  1. Briggs v. SpauldingSupreme Court of the United States · 1891
  2. People v. Equitable Life Assurance Society of United StatesAppellate Division of the Supreme Court of the State of New York · 1908
  3. Holmes v. . WillardNew York Court of Appeals · 1890
  4. Eastern Building and Loan Assn. v. WilliamsonSupreme Court of the United States · 1903
  5. Kavanaugh v. . Commonwealth Trust Co.New York Court of Appeals · 1918

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3Cited by7 opinions

  1. Blaustein v. Pan American Petroleum & Transport Co.Appellate Division of the Supreme Court of the State of New York · 1941
  2. Quinn v. PostDistrict Court, S.D. New York · 1967
  3. Noll v. BoyleSupreme Court of Kansas · 1934
  4. Harman v. WillbernDistrict Court, D. Kansas · 1974
  5. Ripley v. ColwellNew York Supreme Court · 1954

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