Legal Opinion

Potter v. Sanitary Company of America

Court of Chancery of Delaware

Decided July 13, 1937PublishedCited by 11 opinions

1Opinion of the Court

The Chancellor:

Consolidated Management Association, herein called Consolidated, is in receivership in this court. A receiver was appointed for it on the ground of insolvency on March 15, 1933.

Sanitary Company of America, herein called Sanitary, is a corporation of this State. It has an authorized issue of no-par-value common stock of seventy-five hundred shares, of which seventy-three hundred are outstanding. It has also an issue of preferred stock. Control is lodged in the common stock.

Before and at the time of the receivership, Consolidated owned forty-five hundred shares of Sanitary common…

2Cases cited8 opinions

  1. Twin-Lick Oil Co. v. MarburySupreme Court of the United States · 1876
  2. McGourkey v. Toledo & Ohio Central Railway Co.Supreme Court of the United States · 1892
  3. Corsicana Nat. Bank of Corsicana v. JohnsonSupreme Court of the United States · 1919
  4. Wardell v. Railroad Co.Supreme Court of the United States · 1881
  5. Richardson's v. GreenSupreme Court of the United States · 1890

3 more not listed; retrieve them via the Exa API.

3Cited by11 opinions

  1. Oberly v. KirbySupreme Court of Delaware · 1991
  2. Valeant Pharmaceuticals International v. JerneyCourt of Chancery of Delaware · 2007
  3. Strassburger v. EarleyCourt of Chancery of Delaware · 2000
  4. Taussig v. Wellington Fund, Inc.Court of Appeals for the Third Circuit · 1963
  5. Marciano v. NakashSupreme Court of Delaware · 1987

6 more not listed; retrieve them via the Exa API.

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