Legal Opinion

Gallup v. Caldwell

Court of Appeals for the Third Circuit

Decided May 21, 1941No. 7439PublishedCited by 105 opinions

1Opinion of the Court

GOODRICH, Circuit Judge.

This action was instituted by Bella Gallup, a resident of New York, as a shareholder of the Indian Territory Illuminating Oil Company, a New Jersey corporation, to recover for the company damages resulting from an alleged waste of its assets and earnings. Indian Oil, two parent corporations and several directors were joined as defendants. The complaint described various methods allegedly employed by the defendants to divert the assets of Indian Oil over a period of years beginning with 1930. Certain acts were alleged to have taken place in November of 1937, April of…

2Cases cited27 opinions

  1. Erie Railroad v. TompkinsSupreme Court of the United States · 1938
  2. McNutt v. General Motors Acceptance Corp.Supreme Court of the United States · 1936
  3. KVOS, Inc. v. Associated PressSupreme Court of the United States · 1936
  4. Adam v. SaengerSupreme Court of the United States · 1938
  5. Hanley v. DonoghueSupreme Court of the United States · 1885

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3Cited by105 opinions

  1. Weeks v. Bareco Oil Co.Court of Appeals for the Seventh Circuit · 1941
  2. Parkway Baking Co. v. Freihofer Baking Co.Court of Appeals for the Third Circuit · 1958
  3. Harold DRACHMAN and Claire Drachman, Plaintiffs-Appellants, v. Lawrence A. HARVEY Et Al., Defendants-AppelleesCourt of Appeals for the Second Circuit · 1972
  4. In Re: Bank of New York Derivative Litigation. Mildred Kaliski and Edward J. Kaliski, Rita Hochenbaum and Rochelle Phillips, Charles H. Beck, on Behalf of the Bank of New York Company, Inc. Consolidated-Plaintiff v. J. Carter Bacot, Gerald L. Hassell, Deno D. Papageorge, Alan R. Griffith, Thomas A. Renyi, John A. Luke, Jr., William R. Chaney, William C. Richardson, Catherine Rein, Richard Barth and Donald L. Miller, the Bank of New York Company, Inc. And the Bank of New York, Nominal-Defendants-Appellees, Sergei Kotov and Vladimir GalitzineCourt of Appeals for the Second Circuit · 2003
  5. Dudley Warren Schilling, Cross v. J. A. Belcher, Sr., Cross Dudley Warren Schilling v. J. A. Belcher, Sr.Court of Appeals for the Fifth Circuit · 1978

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