Redmond v. Commerce Trust Co.
Court of Appeals for the Eighth Circuit
1Opinion of the Court
STONE, Circuit Judge.
An amended petition alleges a class action in equity by two holders of “Series ‘L’ Collateral Trust Investment Certificates” issued by United Securities Company of Missouri (name later changed to United Funds Management Corporation) under a trust indenture, against the trustee. From a dismissal, on motion, of the petition, plaintiffs appeal.
In the order of dismissal, the Court stated the reasons therefor as follows: “This is not a class action.- The interests of the present plaintiffs conflict with the interests of those they seek to represent in many particulars, the…
2Cases cited22 opinions
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- Supreme Tribe of Ben-Hur v. CaubleSupreme Court of the United States · 1921
- Smith v. SwormstedtSupreme Court of the United States · 1854
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