Legal Opinion

Overfield v. Pennroad Corporation

District Court, E.D. Pennsylvania

Decided December 20, 1941No. 258, 938PublishedCited by 34 opinions

1Opinion of the Court

WELSH, District Judge.

This matter involves two complaints, one by lone M. Overfield and the other by Grace Stein Weigle. They are substantially the same, in that they are derivative stockholders’ suits brought on behalf of Pennroad against the Pennsylvania Railroad and the former directors of Penn-road. ' Jurisdiction in both actions is based on diversity of citizenship. The complaints. allege an interlocking relationship. between the individual defendants as directors and officers of the Pennroad and of Pennsylvania. They include and set forth letters dated April 24, 1929, to Pennsylvania…

2Cases cited35 opinions

  1. Meinhard v. SalmonNew York Court of Appeals · 1928
  2. Frow v. De La VegaSupreme Court of the United States · 1872
  3. Hitchman Coal & Coke Co. v. MitchellSupreme Court of the United States · 1916
  4. Guth v. Loft, Inc.Supreme Court of Delaware · 1939
  5. Southern Pacific Co. v. BogertSupreme Court of the United States · 1919

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3Cited by34 opinions

  1. United States v. ByrumSupreme Court of the United States · 1972
  2. Overfield v. Pennroad CorporationCourt of Appeals for the Third Circuit · 1944
  3. O'brien, Ann C. v. Eli Lilly & Company E. R. Squibb & Sons, Inc. The Upjohn Company, and Winthrop Company, IncCourt of Appeals for the Third Circuit · 1982
  4. Stegemann v. Miami Beach Boat Slips, Inc.Court of Appeals for the Fifth Circuit · 1954
  5. Orchard v. CovelliDistrict Court, W.D. Pennsylvania · 1984

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