Kelsey v. New England Street Railway Co.
Supreme Court of New Jersey
On appeal from the order of August 8th, 1900, advised by Vice-Chancellor Stevens, whoso opinion is reported in 15 Diclc. Gh. Rep. 880. No opinion on final hearing.
1Opinion of the Court
*743Tbe opinion of tbe court was delivered by
Dixon, J.
Tbe New England Street Railway Company, a corporation organized under the act concerning corporations, was formed, inter alia, to purchase, bold, sell, invest, trade and deal in stocks. In October, 1899, it owned seventeen thousand nine hundred and fifty-four shares of stock of the Winchester Avenue Railroad Company. On October 9th of that year the board of directors of the New England company passed a resolution appointing a committee, consisting of the president and two other directors, “to receive any offers that might be made for the…
2Cases cited4 opinions
- Wardell v. Railroad Co.Supreme Court of the United States · 1881
- Barnes v. . BrownNew York Court of Appeals · 1880
- Dowden v. CryderSupreme Court of New Jersey · 1893
- Rutland Electric Light Co. v. BatesSupreme Court of Vermont · 1895
3Cited by2 opinions
- Smolowe v. Delendo CorporationDistrict Court, S.D. New York · 1942
- Marshall v. Industrial Federation of AmericaAppellate Terms of the Supreme Court of New York · 1903