Great Western Mining & Manufacturing Co. v. Harris
Supreme Court of the United States
CERTIORARI TO THE CIRCUIT COURT OF APPEALS FOR THE SECOND CIRCUIT. This case was begun by bill in equity 'filed in the Circuit Court of the United States for the District of Vermont in the name of the Great Western Mining and Manufacturing Company, a Kentucky corporation, by L.- C. Black, its receiver, against B. D. Harris, a citizen of the State of Vermont. It is averred that the corporation was duly organized under the laws of the State of Kentucky.
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CERTIORARI TO THE CIRCUIT COURT OF APPEALS FOR THE SECOND CIRCUIT. This case was begun by bill in equity 'filed in the Circuit Court of the United States for the District of Vermont in the name of the Great Western Mining and Manufacturing Company, a Kentucky corporation, by L.- C. Black, its receiver, against B. D. Harris, a citizen of the State of Vermont. It is averred that the corporation was duly organized under the laws of the State of Kentucky. In substance the bill sets forth: That the Great Western Mining and Manufacturing Company was organized by the Kentucky legislating on January…
1Opinion of the CourtJustice Day
The theory of the complainant’s case seems to be that the transfers of the stock of the defendant and other directors and stockholders, paid for out of the proceeds of the bonds, in view of the allegations of the bill as to the condition of the company and the purposes in view by the defendant and associates, amounted to a breach of duty upon the part of the defendant and other directors, and a conversion to their own use of the property of the company, for which they should be held to account in an action brought by the company through its receiver, under the order of the Circuit Court of…
2Cases cited6 opinions
- Booth v. ClarkSupreme Court of the United States · 1855
- Hawkins v. GlennSupreme Court of the United States · 1889
- Hale v. AllinsonSupreme Court of the United States · 1903
- Relfe v. RundleSupreme Court of the United States · 1881
- Quincy, Missouri & Pacific Railroad v. HumphreysSupreme Court of the United States · 1892
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3Cited by108 opinions
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- Clark v. WilliardSupreme Court of the United States · 1934
- Moore v. MitchellSupreme Court of the United States · 1930
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