Legal Opinion

Gay v. Hudson River Electric Power Co.

Court of Appeals for the Second Circuit

Decided April 21, 1911No. 222PublishedCited by 15 opinions

Appeal from the Circuit Court of the United States for the Northern District of New York. Suit in equity by Eben H. Gay and Joseph W. Jackson against the Hudson River Electric Power Company and others and against the company alone. The New England Trust Company and the Guaranty Trust Company of New York, creditors of defendant company, appeal from an order approving an agreement of settlement between the receivers and the General Electric Company.

Read the full summary

Appeal from the Circuit Court of the United States for the Northern District of New York. Suit in equity by Eben H. Gay and Joseph W. Jackson against the Hudson River Electric Power Company and others and against the company alone. The New England Trust Company and the Guaranty Trust Company of New York, creditors of defendant company, appeal from an order approving an agreement of settlement between the receivers and the General Electric Company. The order of the Circuit Court approved an agreement of settlement between the General Electric Company and'the receivers of corporations called…

1Opinion of the Court

NOYES, Circuit Judge.

The record presents a case of eight associated corporations, of which one was a managing and controlling company. Some corporations generated electricity, and others transmitted it. Some sold electrical power, and others used it in various ways. Still others delivered and sold electric light. Practically there was one enterprise, with different departments. The business of all of the corporations was transacted through the managing company. All receipts were deposited to its credit, although bookkeeping entries were made crediting them to different companies. So the…

2Cases cited1 opinion

  1. In re Watertown Paper Co.Court of Appeals for the Second Circuit · 1909

3Cited by15 opinions

  1. Industrial Research Corp. v. General Motors CorporationDistrict Court, N.D. Ohio · 1928
  2. Pittsburgh & Buffalo Co. v. DuncanCourt of Appeals for the Sixth Circuit · 1916
  3. New York Trust Co. v. CarpenterCourt of Appeals for the Sixth Circuit · 1918
  4. Hunter v. Baker Motor Vehicle Co.District Court, N.D. New York · 1915
  5. Forbush Co. v. BartleyCourt of Appeals for the Tenth Circuit · 1935

10 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API