Legal Opinion

Warner v. E. C. Warner Co.

Supreme Court of Minnesota

Decided August 6, 1948No. 34,695PublishedCited by 13 opinions

1Opinion of the Court

Loring, Chief Justice.

Harold L. Warner, a director and stockholder in the E. C. Warner Company, a holding company, brought this representative suit in 1946 in behalf of the corporation against A. E. Wilson, also a director and its president and treasurer. It is conceded that the officers of the corporation would not bring the suit, so plaintiff joined the corporation as defendant. The suit sought recovery for waste and depletion of corporate assets caused by Wilson’s alleged wrongful and improvident acts in the sale in March 1942 of 10,050 shares of the stock of the First Bank Stock…

2Cases cited15 opinions

  1. Gamble v. Queens County Water Co.New York Court of Appeals · 1890
  2. Leslie v. . LorillardNew York Court of Appeals · 1888
  3. Kalmanash v. SmithNew York Court of Appeals · 1943
  4. Flynn v. . Brooklyn City R.R. Co.New York Court of Appeals · 1899
  5. Gerdes v. ReynoldsNew York Court of Appeals · 1939

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3Cited by13 opinions

  1. Bendalin v. DelgadoTexas Supreme Court · 1966
  2. Westgor v. GrimmSupreme Court of Minnesota · 1982
  3. Brennan v. Minneapolis Society for the Blind, Inc.Supreme Court of Minnesota · 1979
  4. In Re Dissolution of E. C. Warner Co.Supreme Court of Minnesota · 1950
  5. Jacobs v. Farmland Mutual Insurance Co.Court of Appeals of Minnesota · 1984

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