Godley v. Crandall & Godley Co.
Appellate Division of the Supreme Court of the State of New York
Appeal by the defendants, Crandall & Godley Company and others, from a judgment of the Supreme Court in favor of the plaintiff’s testatrix, entered in the office of the clerk of the county of New York on the 31st day of August, 1916, upon the decision of the court after a trial at the New York Special Term.
1Opinion of the Court
Scott, J.:
This is a representative action by a stockholder of the Crandall & Godley Company, in behalf of said corporation against one of the living directors and the executors of a deceased director, to recover moneys of the corporation said to have been illegally disbursed by its directors.
The judgment appealed from directs the executors of Lyman F. Pettee, deceased, who, until August 22, 1910, was a director of the corporation, to repay to it about $50,000, claimed to have been illegally paid as “ additional salaries ” to certain stockholders who were also officers or employees in the…
2Cases cited7 opinions
- Brewer v. Proprietors of the Boston TheatreMassachusetts Supreme Judicial Court · 1870
- Godley v. . Crandall Godley Co.New York Court of Appeals · 1914
- People v. Equitable Life Assurance Society of United StatesAppellate Division of the Supreme Court of the State of New York · 1908
- O'Connor v. . Virginia Passenger Power Co.New York Court of Appeals · 1906
- Barnes v. . NewcombNew York Court of Appeals · 1882
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3Cited by20 opinions
- Blish v. Thompson Automatic Arms Corp.Supreme Court of Delaware · 1948
- Lewis v. Shaffer Stores CompanyDistrict Court, S.D. New York · 1963
- International Brotherhood of Teamsters, Chauffeurs, Warehousemen & Helpers of America v. HoffaDistrict Court, District of Columbia · 1965
- Otis & Co. v. Pennsylvania R. Co.District Court, E.D. Pennsylvania · 1944
- Patrick v. Alacer Corp.California Court of Appeal · 2008
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