Legal Opinion
Wright v. McLaury
Court of Appeals for the Seventh Circuit
Decided January 16, 1936No. 5360PublishedCited by 1 opinion
1Opinion of the Court
ALSCHULER, Circuit Judge.
The decree here attacked dismissed for want of equity appellants’ bill of complaint. The bill sought to require the individual appellees to refund to the corporate appellee, John Lloyd Wright, Inc., certain payments alleged to have been unlawfully made by the corporation to appellees James B. Forbes and the McLaurys.
It appears that of the 1,000 shares of the company’s stock, Walker McLaury owned 695, Forbes 80, and Mary McLaury 7, a total of 782 shares; and that appellants owned 204 shares — Wright 202, and Baxter 2.
The board of directors consisted of three members,…
2Cases cited16 opinions
- United States & Interstate Commerce Commission v. American Railway Express Co.Supreme Court of the United States · 1924
- Twin-Lick Oil Co. v. MarburySupreme Court of the United States · 1876
- Higgins v. LansinghIllinois Supreme Court · 1895
- National Loan & Investment Co. v. Rockland Co.Court of Appeals for the Eighth Circuit · 1899
- Elliott v. GordonCourt of Appeals for the Tenth Circuit · 1934
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3Cited by1 opinion
- Fidelity Bankers Trust Co. v. Chapman Drug Co.Court of Appeals of Tennessee · 1962