Legal Opinion · Dissent
Porter v. C. O. Porter MacHinery Co.
Michigan Supreme Court
Decided April 13, 1953No. Docket 64, Calendar 45,710PublishedCited by 3 opinions
1DissentSharpe, J.
This is a suit by the minority stockholders of the C. 0. Porter Machinery Company, Incorporated, against the company and Clare 0. Porter and Dale G. Porter, as officers and directors, to restrain a contemplated sale of all of the assets of the company. The facts necessary to a decision are as follows: The C. 0. Porter Machinery Company was incorporated in 1923, for a 30-year period. Its charter expired January 10,1953. Plaintiffs are the owners of 42% of the capital stock of the company, while defendants own or control 55% of the stock of the company. The company owns and operates 2…
2Cases cited17 opinions
- Federal United Corp. v. HavenderSupreme Court of Delaware · 1940
- Farmers' Loan & Trust Co. v. New York & Northern Railway Co.New York Court of Appeals · 1896
- Kavanaugh v. . Kavanaugh Knitting Co.New York Court of Appeals · 1919
- Beloff v. Consolidated Edison Co. of N.Y.New York Court of Appeals · 1949
- Anderson v. International Minerals & Chemical Corp.New York Court of Appeals · 1946
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3Cited by3 opinions
- Southdown, Inc. v. McGinnisNevada Supreme Court · 1973
- Krieger v. GastDistrict Court, W.D. Michigan · 2000
- Southdown, Inc. v. McGinnisNevada Supreme Court · 1973