Legal Opinion
Dumont v. Raymond
Appellate Division of the Supreme Court of the State of New York
Decided June 29, 1945PublishedCited by 2 opinions
1Opinion of the CourtBrewster, J.
This is a minority stockholder’s derivative action. , The plaintiffs’ minority holding is considerable, viz: 48.79% of the common stock and one plaintiff also owns 14.95% of the' outstanding preferred stock. Defendants own none of the latter bnt all of the rest of the common save one share, or about 50.95% thereof, and of this defendant George G. Raymond *593owns all but six shares, five of which belong to his wife, and one to his attorney, the other defendants.
The complaint in brief while not formally and expressly charging defendants with fraud in the management of their control of the…
2Cases cited9 opinions
- Pollitz v. . Wabash R.R. Co.New York Court of Appeals · 1912
- Flynn v. . Brooklyn City R.R. Co.New York Court of Appeals · 1899
- Chelrob, Inc. v. BarrettNew York Court of Appeals · 1944
- Schwab v. E. G. Potter Co.New York Court of Appeals · 1909
- City Bank Farmers Trust Co. v. Hewitt Realty Co.New York Court of Appeals · 1931
4 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Standard Chartered Bank v. D. Chabbott, Inc.Appellate Division of the Supreme Court of the State of New York · 1991
- Spalletta v. FelberAppellate Division of the Supreme Court of the State of New York · 1955