White-Wilson-Drew Co. v. Lyon-Ratcliff Co.
Court of Appeals for the Seventh Circuit
Appeal from the District Court of the United States for the Eastern Division of the Northern District of Illinois. Suit by the White-Wilson-Drew Company against the Dyon-Rat-cliff Company and others. From a decree of dismissal, plaintiff appeals.
1Opinion of the Court
PAGE, Circuit Judge.
White-Wilson-Drew Company, a Tennessee corporation, a creditor of Eyon-Ratcliff Company, an Illinois corporation, filed suit in the United States District Court -for the Eastern Division of the Northern District of Illinois, on the equity side, on its own behalf and on behalf of all other creditors, to hold Directors John M. Berry, Calvin H. Hill, J. Fred Butler, Horace Clark, E. W. Ratcliff, and James A. Eyon liable for assenting to the- payment of dividends by Ryon-Ratcliff Company, which it is alleged diminished its assets below the amount of the capital stock, and for…
2Cases cited7 opinions
- Woolverton v. TaylorIllinois Supreme Court · 1890
- M. H. Vestal Co. v. RobertsonIllinois Supreme Court · 1917
- Patterson v. StewartSupreme Court of Minnesota · 1889
- Lewis v. MontgomeryIllinois Supreme Court · 1893
- Rowe v. St. Paul, Minneapolis & Manitoba Railway Co.Supreme Court of Minnesota · 1889
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3Cited by1 opinion
- Hart-Parr Co. v. PrattCourt of Appeals for the Seventh Circuit · 1921