New York Trust Co. v. Island Oil & Transport Corporation
Court of Appeals for the Second Circuit
1Opinion of the Court
L. HAND, Circuit Judge.
The Island Oil & Transportation Corporation, not being permitted under tbe Mexican law to own or operate oil-bearing lands within 50 kilometers of the coast, resorted to the device of organizing a number of Mexican companies, staffed with Mexican officers. It held all tbe shares of stock in these, except such as were necessary to qualify the directors, and conducted tbe business directly, either in New York or Tampico, by means of its own officers under tbe supervision of its directors. Tbe Mexican officers of these companies bad no voice whatever in its affairs,…
2Cases cited12 opinions
- Kingston Dry Dock Co. v. Lake Champlain Transp. Co.Court of Appeals for the Second Circuit · 1929
- Southern Street Railway Advertising Co. v. Metropole Shoe Manufacturing Co.Court of Appeals of Maryland · 1900
- Theiss v. WeissSupreme Court of Pennsylvania · 1895
- Lavalleur v. HahnSupreme Court of Iowa · 1911
- Costan v. Manila Electric Co.Court of Appeals for the Second Circuit · 1928
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3Cited by43 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Hol-Gar Manufacturing Corp. v. The United StatesUnited States Court of Claims · 1965
- Pacific Portland Cement Co. v. Food MacHinery & Chemical CorporationCourt of Appeals for the Ninth Circuit · 1950
- Anderson v. Douglas & Lomason Co.Supreme Court of Iowa · 1995
- Standard Acc. Ins. Co. Of Detroit, Mich. v. Winget Winget v. Standard Acc. Ins. Co. Of Detroit, MichCourt of Appeals for the Ninth Circuit · 1952
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