Legal Opinion
Los Angeles Investment Securities Corp. v. Joslyn
New York Supreme Court
Decided December 3, 1935PublishedCited by 4 opinions
1Opinion of the CourtStaley, J.
This is an action against defendants to enforce their liability under the laws of California, as stockholders of a California corporation.
It appears that the Pacific Cottonseed Products Corporation was incorporated under the laws of the State of Caif ornia in 1927. This corporation absorbed several others, and had an authorized capital stock of $7,500,000.
In August, 1929, a bond issue of $1,250,000 was authorized by the corporation. This issue was purchased by the Los Angeles Investment Securities Corporation, the plaintiff, at 90, paying therefor $1,125,000. Plaintiff now owns $1,178,000…
2Cases cited10 opinions
- Loucks v. . Standard Oil Co.New York Court of Appeals · 1918
- Coombes v. GetzSupreme Court of the United States · 1932
- Ruppert v. . Brooklyn Heights R.R. Co.New York Court of Appeals · 1897
- Coulter Dry Goods Co. v. WentworthCalifornia Supreme Court · 1915
- Atkins v. TrowbridgeAppellate Division of the Supreme Court of the State of New York · 1914
5 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Martin v. Edwards LaboratoriesNew York Court of Appeals · 1983
- Los Angeles Investment Securities Corp. v. JoslynNew York Court of Appeals · 1940
- Los Angeles Investment Securities Corp. v. JoslynAppellate Division of the Supreme Court of the State of New York · 1940
- Los Angeles Investment Securities Corp. v. JoslynAppellate Division of the Supreme Court of the State of New York · 1939