Rice v. . Rockefeller
New York Court of Appeals
Appeal from order of the General Term of the Supreme Court in the first judicial department entered upon an order made May 9, 1890, which reversed a judgment in favor of plaintiff, entered upon a decision of the court on trial at Special Term and affirmed an order granting a motion for a new trial.
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Appeal from order of the General Term of the Supreme Court in the first judicial department entered upon an order made May 9, 1890, which reversed a judgment in favor of plaintiff, entered upon a decision of the court on trial at Special Term and affirmed an order granting a motion for a new trial. The main purpose of the action was to require the defendants to transfer to the plaintiff upon tlieir books six shares of stock in the Standard Oil Trust on the surrender of the certificates of such shares held by him. The Standard Oil Trust was created in January, 1882, by agreement in writing…
1Opinion of the CourtBradley, J.
The defense is founded upon the propositions, (1) that the plaintiff failed to prove that he was a beneficiary under the. Standard Oil Trust agreement, or entitled to become such by means of transfer upon the books of the shares represented by the certificates held by him, and (2) that he is not seeking such relation in good faith, but for purposes hostile to the trust, and for that reason is not entitled to the aid of the equitable powers of the court in that behalf.
The Standard Oil Trust represents a voluntary association. It was created by agreement of the stockholders of various…
2Cases cited4 opinions
- Cushman v. Thayer Manufacturing Jewelry Co.New York Court of Appeals · 1879
- Burrall v. . Bushwick Railroad CompanyNew York Court of Appeals · 1878
- President of the Bank of Utica v. SmalleyNew York Supreme Court · 1824
- Ramsey v. Erie Railway Co.New York Supreme Court · 1870
3Cited by23 opinions
- American-Hawaiian Engineering & Construction Co. v. ButlerCalifornia Supreme Court · 1913
- In Re the Appraisal, Under the Transfer Tax Act, of the Estate of JonesNew York Court of Appeals · 1902
- Darling v. BuddySupreme Court of Missouri · 1927
- Gulda v. Second National BankMassachusetts Supreme Judicial Court · 1948
- In Re the Appraisal of the Property of FitchNew York Court of Appeals · 1899
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