Legal Opinion · Dissent

International Bankers Life Insurance Co. v. Holloway

Texas Supreme Court

Decided April 24, 1963No. A-8917Published

1DissentSmith, Justice

I respectfully dissent. When the facts are taken into consideration, we find that this court should be concerned primarily *585with whether or not there is any evidence to support International’s theory that Holloway, Beasley and Walden are jointly and severally liable to International for profits allegedly realized by the three as the result of a conspiracy entered into by the three to defraud the Company by the sale of their personally held shares of International, “no par stock” in competition with sales of International’s “new issue” of no par stock of the same class. This court has before it…

2Cases cited14 opinions

  1. Guth v. Loft, Inc.Supreme Court of Delaware · 1939
  2. Curtis v. ConnlySupreme Court of the United States · 1921
  3. Goldstein v. Union National BankTexas Supreme Court · 1919
  4. Calhoun v. MaccabeesTexas Commission of Appeals · 1922
  5. Nichols & Co. v. Secretary of AgricultureCourt of Appeals for the First Circuit · 1942

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