Van Vleet v. Evangeline Oil Co.
Supreme Court of Louisiana
Appeal from Fifteenth Judicial District Court, Parish of Calcasieu; Winston Over-ton, Judge. Application by Peter P. Van Vleet for the appointment of a receiver for the Evangeline Oil Company. From a judgment for plaintiff, defendant appeals.
1Opinion of the CourtSommerville, J.
The statement of this case will be found in our opinion herein of date January 30, 1911, reported in 127 La. 919, 54 South. 286.
[1] Act No. 159 of 1898, § 1, par. 2, gives to a stockholder of a corporation the right to apply to the courts for the appointment of a receiver to take charge of domestic and foreign corporations located here, “when the directors or other officers of the corporation are jeopardizing the rights of stockholders or creditors by grossly mismanaging the business, or by committing acts ultra vires, or by wasting, misusing, or misapplying the property or funds of the…
2Cases cited2 opinions
- Mobile & Ohio Railroad v. TennesseeSupreme Court of the United States · 1894
- Van Vleet v. Evangeline Oil Co.Supreme Court of Louisiana · 1911
3Cited by5 opinions
- In re Receivership of Webre-Steib Co.Supreme Court of Louisiana · 1914
- Schmitt v. Eagle Roller Mill Co.Supreme Court of Minnesota · 1937
- Wittenberg v. Federal Mining & Smelting Co.Court of Chancery of Delaware · 1926
- Federal Mining & Smelting Co. v. WittenbergSupreme Court of Delaware · 1927
- Van Vleet v. Evangeline Oil Co.Supreme Court of Louisiana · 1913