Legal Opinion

Gruber v. Chesapeake & Ohio Railway Co.

District Court, N.D. Ohio

Decided February 12, 1958No. Civ. A. 30870PublishedCited by 15 opinions

1Opinion of the Court

CONNELL, District Judge.

Plaintiffs are joint shareholders of record of the Chesapeake and Ohio Railway Company, having purchased 5 shares of its common stock on April 3, 1947 and 10 shares of its common stock on October 10, 1948.

This is a shareholder’s derivative suit brought on behalf of the Chesapeake and Ohio Railway Company, hereinafter called the C & 0, against the directors and an officer of the corporation who are alleged to have committed waste of the corporate assets in the following transactions set forth in four separate causes of action:

1. A stock option plan adopted by the…

2Cases cited29 opinions

  1. Rogers v. Guaranty Trust Co.Supreme Court of the United States · 1933
  2. United Copper Securities Co. v. Amalgamated Copper Co.Supreme Court of the United States · 1917
  3. Kerbs v. California Eastern Airways, Inc.Supreme Court of Delaware · 1952
  4. Rosenthal v. Burry Biscuit Corp.Court of Chancery of Delaware · 1948
  5. Franklin Telegraph Co. v. HarrisonSupreme Court of the United States · 1892

24 more not listed; retrieve them via the Exa API.

3Cited by15 opinions

  1. International Insurance Co., a Corporation v. Alfred M. Johns, James W. McFadden Thomas v. Ogletree, Richard W. Sherman, and G. Paul WhortonCourt of Appeals for the Eleventh Circuit · 1989
  2. Newberger v. RifkindCalifornia Court of Appeal · 1972
  3. Perlman v. TimberlakeDistrict Court, S.D. New York · 1959
  4. Robinson v. CommissionerUnited States Tax Court · 1984
  5. Widok v. Estate of WolfOhio Court of Appeals · 2020

10 more not listed; retrieve them via the Exa API.

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