Keane v. Moffly
Supreme Court of Pennsylvania
Appeal, No. 384, Jan. T., 1905, by plaintiff, from decree of C. P. No. 1, Phila., Co. Sept. T., 1904, No. 891, sustaining demurrer to bill in equity in case of Philip Keane v. John W. Moffly, Simon G-ratz, Nicholas Brice, Charles W. Henry, Wm. H. Arrott, Samuel F. Houston, Wm.
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Appeal, No. 384, Jan. T., 1905, by plaintiff, from decree of C. P. No. 1, Phila., Co. Sept. T., 1904, No. 891, sustaining demurrer to bill in equity in case of Philip Keane v. John W. Moffly, Simon G-ratz, Nicholas Brice, Charles W. Henry, Wm. H. Arrott, Samuel F. Houston, Wm. Botch Wister, E. J. Berwind, John T. Terry, Thomas J. Drummond and W. K. Stager, known as the “ Moffly Beorganization Committee of the Consolidated Lake Superior Company,” and the Lake Superior Corporation. BiHMo^equityJLr a, mandatorvJmyanddon. The avermentTof the bill and the grounds of demurrer are set forth in the…
1Opinion of the Court
Opinion by
Mr. Justice Potter,
This was a bill in equity filed by the plaintiff against John *241W. Moffly et al., known as the “ Moffly Reorganization Committee of the Consolidated Lake Superior Company,” and the Lake Superior Corporation. It is alleged in the bill that plaintiff owned 1,200 shares of the common stock of the Consolidated Lake Superior Company ; that said corporation during the latter part of 1902 became insolvent and shortly after-wards a receiver was appointed therefor; that thereafter during the year 1903, a committee known as the “Moffly Reorganization Committee of the…
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