Lowe v. Pioneer Threshing Co.
U.S. Circuit Court for the District of Minnesota
Tins was an action by Henry B. Lowe against the Pioneer Threshing Company and W. E. Blodget and others, its directors, for an injunction and receiver.
1Opinion of the Court
NELP.ON, District Judge.
Upon full examination of the bill, the aeeompanj-mg affidavits, and those presented in rebuttal, I am *647satisfied that there is no sufficient reason for the appointment of a receiver. The corporation of which complainant is a stockholder was overcapitalized at the outset of its organization, and it appears to have at this time nearly as large an amount of assets in value as it had when the removal was effected from Minneapolis to Fari-bault. A court will not interfere in the internal policy and management and control of a corporation, unless it is-manifest that it is…
2Cases cited1 opinion
- State ex rel. Clapp v. Minnesota Thresher Manufacturing Co.Supreme Court of Minnesota · 1889
3Cited by10 opinions
- Maxwell v. Enterprise Wall Paper Mfg. Co.Court of Appeals for the Third Circuit · 1942
- Burnes v. BurnesCourt of Appeals for the Eighth Circuit · 1905
- San Antonio Hardware Co. v. SangerCourt of Appeals of Texas · 1912
- Atlanta & Walworth Butter & Cheese Ass'n v. SmithWisconsin Supreme Court · 1910
- Coleman v. TepelCourt of Appeals for the Third Circuit · 1916
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