Scattergood v. American Pipe & Construction Co.
Court of Appeals for the Third Circuit
Appeal from the District Court of the United States for the Eastern District of Pennsylvania; Oliver B. Dickinson, Judge. Bill by Alfred G. Scattergood and others against the American Pipe & Construction Company, in which a receiver was appointed. Thereafter Charles A. Hitchcock filed a petition in intervention, which was denied, and he appeals.
1Opinion of the Court
McPHERSON, Circuit Judge.
The' following facts — we state them in outline merely — were before the District Judge in December, 1917, when he refused the intervener’s petition to dismiss the bill, or to vacate the receiver’s appointment:
In September, 1917, the American Pipe & Construction Company, a New Jersey corporation, with an issued capital of $5,000,000, controlled and managed 17 subsidiary companies, and was affiliated with 6 others, all of the 23 being public utility corporations, mainly for the purpose of supplying water to municipalities in several states. It owned all the stock of…
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