Legal Opinion
Aldridge v. Franco Wyoming Oil Co.
District Court, D. Delaware
Decided June 6, 1949No. Civ. No. 1223PublishedCited by 3 opinions
1Opinion of the Court
RODNEY, District Judge.
This is an application for a preliminary injunction. It is alleged in the complaint that the plaintiff is a stockholder of the Franco Wyoming Oil Company; that the Franco Wyoming Oil Company is about to invest a sum of money (from $2,000,000 to $3,000,000) in a business venture in one or more wholly-owned subsidiary companies to be formed under the laws of France or territories of the French Union or mandated territories and to operate primarily in the franc area.
This is a derivative suit alleging by amendment sufficient reasons for personal action by the stockholder.
The…
2Cases cited4 opinions
- Yakus v. United StatesSupreme Court of the United States · 1944
- Ohio Oil Co. v. ConwaySupreme Court of the United States · 1929
- Love v. Atchison, T. & S. F. Ry. Co.Court of Appeals for the Eighth Circuit · 1911
- City of Miami Beach v. Benhow Realty, Inc.Court of Appeals for the Fifth Circuit · 1948
3Cited by3 opinions
- Gimbel v. Signal Companies, Inc.Court of Chancery of Delaware · 1974
- State v. Delaware State Educational AssociationCourt of Chancery of Delaware · 1974
- New Castle County Vocational Technical Education Ass'n v. Board of Education of the New Castle County Vocational Technical School DistrictCourt of Chancery of Delaware · 1982