George A. Landell, of E. A. Landell, Deceased, Etc. v. Northern Pacific Railway Company

Appellants, acting as a committee of minority stockholders of the Northern Pacific Railroad Company, a federal corporation organized and existing under an act of Congress of July 2, 1864, 1 brought this civil action. The gravamen of the complaint was that a reorganization of the railroad in 1896 was illegal. Appellants said they had protested the reorganization continuously since that date. However that may be, they did not seek judicial remedy until they brought the present action in 1950. 2 In the District Court Judge Tamm, with a careful and exhaustive opinion, 3 concluded that the action…