Lawson v. Stanley
The Superior Court of the City of New York and Buffalo
Action by Frederick B. Lawson against Davis A. Stanley and the Harris .& Dew Faucet, Plug & Bung Company. Plaintiff sued as well for the benefit of himself as of all other stockholders of defendant company, similarly situated, and who may come in and contribute to the prosecution thereof and become parties thereto. The corporation was created September 9, 1882, with a capital of $800,000, for the manufacture and sale of plugs and bungs.
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Action by Frederick B. Lawson against Davis A. Stanley and the Harris .& Dew Faucet, Plug & Bung Company. Plaintiff sued as well for the benefit of himself as of all other stockholders of defendant company, similarly situated, and who may come in and contribute to the prosecution thereof and become parties thereto. The corporation was created September 9, 1882, with a capital of $800,000, for the manufacture and sale of plugs and bungs. The corporation owned property worth $15,000, in addition to the exclusive right to manufacture and sell in the United States plugs and bungs under certain…
1Opinion of the CourtMcAdam, J.
The facts disclosed are sufficiént to call upon th.e attorney general of the state to compel the defendant Stanley to account for his official conduct, (Code, §§ 1781, 1782,) and sufficient to enable any stockholder, independently of the statute provision, to maintain an action to obtaih the same end. Cook, Corp. § 645; Atwool v. Merryweather, L. R. 5 Eq. 464, note; Dodge v. Woolsey, 18 How. 331; Hawes v. Oakland, 104 U. S. 450; Robinson v. Smith, 3 Paige, 222; Butts v. Wood, 37 N. Y. 317; Brinckerhoff v. Bostwick, 88 N. Y. 59; Stromeyer v. Combes, 2 N. Y. Supp. 232; Brinckerhoff v. Bostwick,…
2Cases cited7 opinions
- Hawes v. OaklandSupreme Court of the United States · 1882
- Dodge v. WoolseySupreme Court of the United States · 1856
- Brinckerhoff v. . BostwickNew York Court of Appeals · 1882
- Robinson v. SmithNew York Court of Chancery · 1831
- Brinckerhoff v. . BostwickNew York Court of Appeals · 1885
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