Porter v. Healy
Supreme Court of Pennsylvania
Appeal, No. 100, Jan. T., 1913, by defendants, from decree of C. P. Montgomery Co., June T., 1911, No. 9, in equity, for plaintiffs on bill in equity for an accounting in case of J. Elmer Porter, Samuel H. Porter, Ida K. B. Hetric and John Royer v. J. Allen Healy, John W. Healy, Jacob C. Sotter, and George N. Malsberger. Bill in equity for discovery and accounting. Before Swartz, P. J. The opinion of the Supreme Court states the facts.
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Appeal, No. 100, Jan. T., 1913, by defendants, from decree of C. P. Montgomery Co., June T., 1911, No. 9, in equity, for plaintiffs on bill in equity for an accounting in case of J. Elmer Porter, Samuel H. Porter, Ida K. B. Hetric and John Royer v. J. Allen Healy, John W. Healy, Jacob C. Sotter, and George N. Malsberger. Bill in equity for discovery and accounting. Before Swartz, P. J. The opinion of the Supreme Court states the facts. The court on final hearing, awarded the relief as prayed for in the bill. Defendant appealed. Error assigned, among others, was the decree of the court.
1Opinion of the Court
Opinion by
Mr. Justice Moschzisker,
This was a bill for discovery and to compel' the defendants to account for and pay over to the -plaintiffs their respective proportions of a sum of momfey. alleged to be an illicit gain acquired by them “in thg course of the transfer of the stock of the Pottstown Light, Heat & Power Co.” The concern in question was/^a, Pénnsylvania corporation, and its capital stock ¡ consisted of 700 shares; the plaintiffs were minority (stockholders, while the defendants owned in their own names 183 shares and directly influenced about 200 more belonging to their relations,…
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