Commonwealth ex rel. Sellers v. Phœnix Iron Co.
Supreme Court of Pennsylvania
Error to the Court of Common Pleas No. 2, of PMla'delphia county: Of July Term 1883, No. 105. This was a petition by George H. Sellers for a writ of alternative mandamus against the Phoenix Iron Company, David Reeves, president, James O. Pease, treasurer, George Geary White, secretary and director, and William H. Reeves, John Griffin and Carroll S. Tyson, directors of the said company, commanding and requiring them at reasonable times to give the petitioner and his clerks…
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Error to the Court of Common Pleas No. 2, of PMla'delphia county: Of July Term 1883, No. 105. This was a petition by George H. Sellers for a writ of alternative mandamus against the Phoenix Iron Company, David Reeves, president, James O. Pease, treasurer, George Geary White, secretary and director, and William H. Reeves, John Griffin and Carroll S. Tyson, directors of the said company, commanding and requiring them at reasonable times to give the petitioner and his clerks access to certain books and papers of the said company. The facts set forth in the petition ' were substantially as…
1Opinion of the CourtJustice Trunkey
The right of shareholders in large partnerships and companies, to inspect accounts, is usually qualified by express agreement; but it requires no express agreement to confer the right, for that is a consequence of partnership. If a company’s deed of settlement provides for the inspection of its accounts by its shareholders at certain times and subject to certain restrictions, it seems they are not entitled to inspect the accounts otherwise: Lindley on Part., 809. This writer also says that the right of inspection of the accounts of such companies is necessarily limited, for if every…
2Cited by20 opinions
- State ex rel. Wellford v. WilliamsTennessee Supreme Court · 1903
- Williamsport v. Citizens' Water & Gas Co.Supreme Court of Pennsylvania · 1911
- Hauser v. York Water Co.Supreme Court of Pennsylvania · 1924
- Strassburger v. Philadelphia Record Co.Supreme Court of Pennsylvania · 1939
- Kimball v. DernUtah Supreme Court · 1911
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