Cate v. Fisk
Appellate Division of the Supreme Court of the State of New York
Appeal by the defendants, Pliny Fisk and others, from an order of the Supreme Court, made at the Schenectady Special Term and entered in the office of the clerk of the cpunty of Schenectady on the 31st day of May, 1916, denying their motion to change the place of trial herein.
1Opinion of the Court
Howard, J.:
This action is brought by a stockholder of the American Locomotive Company, in behalf of himself and other stockholders, against the company and certain individuals, to recover and have restored to the company $465,000. The plaintiff bases his cause of action upon the allegation that the defendant Marshall, while president of the company, acting in bad faith, wrongfully and fraudulently purchased from Harvey Fisk & Sons, during the panic of 1907, with the company’s funds, *23725,000 shares of the common stock of the company, paying therefor $45 per share, the market price of said stock…
2Cited by1 opinion
- Sheffell v. C. W. Miller Transfer Co.Appellate Division of the Supreme Court of the State of New York · 1919