Shawnee Compress Co. v. Anderson
Supreme Court of the United States
APPEAL FROM THE SUPREME COURT OF THE TERRITORY OF OKLAHOMA. This suit was brought in the District Court of the county of Lincoln, Territory of Oklahoma, by appellees as stockholders of the Shawnee Compress Company against appellants, to cancel a lease made by the Shawnee Comprdss Company to the Gulf Compress Company..
Read the full summary
APPEAL FROM THE SUPREME COURT OF THE TERRITORY OF OKLAHOMA. This suit was brought in the District Court of the county of Lincoln, Territory of Oklahoma, by appellees as stockholders of the Shawnee Compress Company against appellants, to cancel a lease made by the Shawnee Comprdss Company to the Gulf Compress Company.. The original petition alleged that the compress companies were respectively corporations of Oklahoma and the State of Alabama; that the plaintiffs, appellees here, were minority stockholders of the Shawnee Company; that certain of the stockholders of the Shawnee Company,…
1Opinion of the CourtJustice McKenna
The Supreme Court of the Territory, in its opinion, discussed only two of the questions urged upon its consideration, to wit (1) the legal power of the Shawnee Compress Company to execute the lease; and (2) the purpose in its execution to secure a monopoly of the business of compressing cotton and to unlawfully restrict competition. Of the first the court said: “We find no express authority to lease set out in the articles of .incorporation, but we are nevertheless of the opinion the weight of authority is that when a stritetly private corporation finds it cannot profitably continue…
2Cases cited5 opinions
- Swift & Co. v. United StatesSupreme Court of the United States · 1905
- United States v. Trans-Missouri Freight Assn.Supreme Court of the United States · 1897
- United States v. Joint Traffic Assn.Supreme Court of the United States · 1898
- Gibbs v. Consolidated Gas Co. of BaltimoreSupreme Court of the United States · 1889
- Southern Pine Lumber Co. v. WardSupreme Court of the United States · 1908
3Cited by25 opinions
- Standard Oil Company of New Jersey, Appts. v. United StatesSupreme Court of the United States · 1910
- Standard Oil Co. (Indiana) v. United StatesSupreme Court of the United States · 1931
- State ex inf. Hadley v. Standard Oil Co.Supreme Court of Missouri · 1909
- United States v. Besser Mfg. Co.District Court, E.D. Michigan · 1951
- State v. Duluth Board of TradeSupreme Court of Minnesota · 1909
20 more not listed; retrieve them via the Exa API.