Breswick & Co. v. Briggs
District Court, S.D. New York
1Opinion of the Court
BICKS, District Judge.
This is a stockholders’ derivative action against members of the Board of Directors of the Alleghany Corporation and certain other individuals. It is one of several similar suits in this Court and in the New York State Supreme Court arising principally out of the activities of the individual defendants in their successful campaign for control of the New York Central Railroad in 1954.
Clarence W. Bailey, a Holder of record of 30,000 shares of common stock of defendant, Alleghany Corporation, the market value of which exceeds $250,000, has moved, pursuant to Rule 24(a) (2)…
2Cases cited11 opinions
- Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
- Breswick & Co. v. BriggsDistrict Court, S.D. New York · 1955
- Clarke v. GreenbergNew York Court of Appeals · 1947
- Baker v. MacFadden Publications, Inc.New York Court of Appeals · 1950
- Horwitz v. BalabanDistrict Court, S.D. New York · 1949
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3Cited by1 opinion
- City of Cleveland v. Cities Service Oil Co.District Court, N.D. Ohio · 1969