Legal Opinion

Lewisohn Bros. v. Anaconda Copper Mining Co.

Appellate Division of the Supreme Court of the State of New York

Decided July 1, 1898PublishedCited by 3 opinions

Appeal by the plaintiff, Lewisohn Brothers, suing on its own behalf and for all other stockholders similarly situated, from an order of the Supreme Court, made at the New York Special Term and entered in the office of the clerk of the county of New York on the 26tli day of April, 1898, permitting The Montana Ore Purchasing Company to intervene in and defend the action and be made a party defendant thereto.

1Opinion of the Court

O'Brien, J.:

Prior to the commencement of the action, F. Augustus Heinze, president of the Montana Ore Purchasing Company, and acting on its behalf, offered the directors of the Anaconda Mining Company the sum of §100,000 for certain territory belonging to that company known as the Sullivan lot and the Snowbird claim. The officers replied that, so far as they could do so, they would accept the offer, and that upon deposit of the sum. of §100,000 they would call a meeting of the stockholders and obtain the proper authority to make the sale. The statute of Montana provides that the directors of…

2Cited by3 opinions

  1. Callanan v. Keeseville, Ausable Chasm, Lake Champlain RailroadNew York Supreme Court · 1905
  2. Hay v. BrookfieldAppellate Division of the Supreme Court of the State of New York · 1914
  3. Callanan v. Keeseville, Ausable Chasm & Lake Champlain RailroadNew York Supreme Court · 1905

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