Legal Opinion
Toebelman v. Missouri-Kansas Pipe Line Co.
District Court, D. Delaware
Decided October 13, 1941No. 129PublishedCited by 10 opinions
1Opinion of the Court
KIRKPATRICK, District Judge.
This is a stockholders’ derivative suit against the directors of the defendant corporation, for misfeasance. The principal prayer is for an accounting of funds alleged to have been improperly spent. The corporation is a holding company with some 2,400,000 shares of stock outstanding, of which the plaintiffs and the intervenors together own 4,695 shares, or about one fifth of one per cent.
The defendants have moved for summary judgment. Supporting affidavits were filed and the matter has been fully argued. After the hearing I entered judgment in favor of the…
2Cases cited9 opinions
- Hawes v. OaklandSupreme Court of the United States · 1882
- Delaware & Hudson Co. v. Albany & Susquehanna RailroadSupreme Court of the United States · 1909
- Doctor v. HarringtonSupreme Court of the United States · 1905
- Sohland v. BakerSupreme Court of Delaware · 1927
- Davis v. Louisville Gas & Electric Co.Court of Chancery of Delaware · 1928
4 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Toebelman v. Missouri-Kansas Pipe Line Co.Court of Appeals for the Third Circuit · 1942
- Mayer v. AdamsSupreme Court of Delaware · 1958
- Perrott v. United States Banking CorporationDistrict Court, D. Delaware · 1944
- Steinberg v. HardyDistrict Court, D. Connecticut · 1950
- Shlensky v. WrigleyAppellate Court of Illinois · 1968
5 more not listed; retrieve them via the Exa API.