Brainard v. New York Central Railroad
New York Court of Appeals
1Opinion of the CourtPound, J.
Minority stockholders of the Mahoning Coal Bailroad Company bring this derivative action to recover on behalf of their company from the New York Central Bailroad Company as successor of the Lake Shore Company an installment of Federal income and excess profits taxes assessed against and paid by Mahoning Company for the year 1920, amounting to $480,425.20.
The Mahoning. Company is a railroad corporation of Ohio with an outstanding capital stock of $2,161,367, consisting of $1,500,000 par value of common, and $661,367 par value of preferred, of which capital stock the Central Company is the…
2Cases cited8 opinions
- Pollock v. Farmers' Loan & Trust Co.Supreme Court of the United States · 1895
- Hartigan v. . Casualty Co. of AmericaNew York Court of Appeals · 1919
- Codman v. American Piano Co.Massachusetts Supreme Judicial Court · 1918
- Suter v. Jordan Marsh Co.Massachusetts Supreme Judicial Court · 1916
- Woodruff v. . Oswego Starch FactoryNew York Court of Appeals · 1903
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3Cited by55 opinions
- Bethlehem Steel Co. v. Turner Construction Co.New York Court of Appeals · 1957
- Fogelson v. Rackfay Construction Co.New York Court of Appeals · 1950
- General Phoenix Corp. v. CabotNew York Court of Appeals · 1949
- In Re the Arbitration Between Western Union Telegraph Co. & American Communications Ass'nNew York Court of Appeals · 1949
- Nichols v. NicholsNew York Court of Appeals · 1954
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