Legal Opinion
Holden v. Construction MacHinery Company
Supreme Court of Iowa
Decided November 15, 1972No. 55059PublishedCited by 81 opinions
1Opinion of the Court
RAWLINGS, Justice.
This is an equity action in five divisions by Herle H. Holden (Herle), owner of 49.-976 percent of outstanding stock in Construction Machinery Company (CMC) against his brother Warren A. Holden (Warren), holder of 50.024 percent, and other corporate officers involving management-control of the corporation. CMC is made a nominal defendant.
Division I of Herle’s petition asserts a derivative cause, alleging that April 4, 1964, Warren as president and major shareholder, fraudulently induced CMC to sell him 8000 shares (originally 2000, but later twice split two for one) of…
2Cases cited66 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
- International Bankers Life Insurance Co. v. HollowayTexas Supreme Court · 1963
- Clark v. DodgeNew York Court of Appeals · 1936
- Franks v. LockwoodSupreme Court of Connecticut · 1959
61 more not listed; retrieve them via the Exa API.
3Cited by81 opinions
- Masinter v. Webco Co.West Virginia Supreme Court · 1980
- Basic Chemicals, Inc. v. BensonSupreme Court of Iowa · 1977
- Beeck v. Aquaslide 'N' Dive Corp.Supreme Court of Iowa · 1984
- Rowen v. Le Mars Mut. Ins. Co. of IowaSupreme Court of Iowa · 1979
- Golden v. Oahe Enterprises, Inc.South Dakota Supreme Court · 1976
76 more not listed; retrieve them via the Exa API.