Legal Opinion
In re Astell Engineering & Iron Works, Inc.
Court of Appeals for the Second Circuit
Decided October 24, 1922No. 20PublishedCited by 5 opinions
1Opinion of the Court
MAYER, Circuit Judge.
In January, 1921, the now bankrupt corporation needed funds. The total number of its shares of capital stock was 200. On January 19, 1921, there was a special meeting of the board of directors of the bankrupt, at which were present Richard S. Groves, the holder of 118 shares, of which 5 shares were later transferred to Frank Groves, George Brown, the holder of 78 shares, and James S. Regan, the holder of 4 shares. It will thus be seen that Brown was the holder of more than one-third of the capital stock of the corporation. The minutes of the meeting of the board of…
2Cases cited3 opinions
- Karasik v. People's Trust Co.District Court, E.D. New York · 1917
- Leffert v. . JackmanNew York Court of Appeals · 1919
- In re Post & Davis Co.Court of Appeals for the Second Circuit · 1914
3Cited by5 opinions
- Gamaldi v. ColonCourt of Appeals for the Second Circuit · 1935
- Rubel Corp. v. Irving Trust Co.Court of Appeals for the Second Circuit · 1933
- In re Constantine Tobacco Co.Court of Appeals for the Second Circuit · 1923
- In re Knoll Realty CoreDistrict Court, E.D. New York · 1957
- Maryland Casualty Co. v. Schaefer Construction Co.New York Supreme Court · 1930