Marks v. American Brewing Co.
Supreme Court of Louisiana
Appeal from Civil District Court, Parish of Orleans; Erect D. King, Judge. Action by Mrs. A. F. Marts and others against the American Brewing Company. Judgment for defendant, and plaintiffs appeal.
1Opinion of the CourtBreaux, C. J.
This suit was instituted to force the defendant to sell real estate referred to in the petition and to compel it to call in its loans and distribute a large amount of the surplus to its stockholders.
The plaintiff does not complain of the management of the corporation. She does not charge the board of directors with neglect of the business or with bad management of its affairs.
Substantially the only complaint is that the surplus should be reduced to a comparatively small amount.
She seeks to avail herself of the provision of the Gay-§hattuck bill (Act No. 176 of 1908), which prohibits…
2Cases cited4 opinions
- I. Townsend Burden v. BurdenNew York Court of Appeals · 1899
- Trimble v. American Sugar Refining Co.New Jersey Court of Chancery · 1901
- Marcuse v. Gullett Gin Co.Supreme Court of Louisiana · 1900
- State v. Bank of LouisianaSupreme Court of Louisiana · 1834
3Cited by11 opinions
- Keough v. St. Paul Milk Co.Supreme Court of Minnesota · 1939
- Thornton ex rel. Laneco Construction Systems, Inc. v. LanehartLouisiana Court of Appeal · 1998
- Hirsch v. Cahn Elec. Co., Inc.Louisiana Court of Appeal · 1997
- Peiser v. Grand Isle, Inc.Supreme Court of Louisiana · 1952
- Farwell v. Milliken & Farwell, Inc.Louisiana Court of Appeal · 1963
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