Geddes v. Anaconda Copper Mining Co.
Court of Appeals for the Ninth Circuit
Appeal from the 'District Court of the United States for the District of Montana; Geo. M. Bourquin, Judge. Suit by Peter Geddes and others against the Anaconda Copper Mining Company and others. From the decree denying part of the relief sought (222 Fed. 129), complainants appeal.
1ConcurrenceGilbert, Circuit Judge
(with whom concurs WOLVERTON, District Judge). We concur in'the opinion of Judge ROSS, except in his conclusion that the sale to the Anaconda Company should he annulled.
[10,11] It cannot be denied that the majority o E the stockholders of the Alice Company had the right to sell the corporate property. After the sale, and at a meeting regularly called and held under the authority of the laws of Utah, the requisite number of the stockholders passed a resolution directing that the corporation be dissolved, its affairs wound up, and its assets distributed. The appellants had no power to prevent…
2Cases cited2 opinions
- Mason v. Pewabic Mining Co.Supreme Court of the United States · 1890
- J. H. Lane & Co. v. Maple Cotton MillsCourt of Appeals for the Fourth Circuit · 1915