Legal Opinion

Tobacco and Allied Stocks, Inc. v. Transamerica Corporation, Howard S. Cullman

Court of Appeals for the Third Circuit

Decided July 8, 1957No. 12070PublishedCited by 65 opinions

1Opinion of the Court

STALEY, Circuit Judge.

The acquisition by Transamerica Corporation in 1942 of stock of Axton-Fisher Tobacco Company from minority stockholders and the subsequent liquidation of the latter company provide the basis for this appeal. Other phases of this litigation have been before the court on several occasions. Geller v. Transamerica Corp., 3 Cir., 1945, 151 F.2d 534; Zahn v. Transamerica Corp., 3 Cir., 1947, 162 F.2d 36, 172 A.L.R. 495; Speed v. Transamerica Corp., (3 cases), 3 Cir., 1956, 235 F.2d 369.

The district court dismissed the present action with prejudice on the ground that plaintiffs…

2Cases cited5 opinions

  1. Bailey v. GloverSupreme Court of the United States · 1875
  2. Zahn v. Transamerica CorporationCourt of Appeals for the Third Circuit · 1947
  3. Tobacco & Allied Stocks, Inc. v. Transamerica Corp.District Court, D. Delaware · 1956
  4. City of Erlanger v. BerkemeyerCourt of Appeals for the Sixth Circuit · 1953
  5. Geller v. TRANS-AMERICA CORPORATIONCourt of Appeals for the Third Circuit · 1945

3Cited by65 opinions

  1. Perry O. Hooper, as Trustee in Bankruptcy of Consolidated American Industries, Inc. v. Mountain States Securities CorporationCourt of Appeals for the Fifth Circuit · 1960
  2. Fed. Sec. L. Rep. P 96,366 Benjamin A. Cook v. Avien, Inc., James F. Pritchard, Benjamin A. Cook v. Avien, Inc.Court of Appeals for the First Circuit · 1978
  3. Moviecolor Limited v. Eastman Kodak Company, Technicolor, Inc. And Technicolor Motion Picture CorporationCourt of Appeals for the Second Circuit · 1961
  4. Jensen v. SnellingsCourt of Appeals for the Fifth Circuit · 1988
  5. Royal Air Properties, Inc., a Corporation, Harold L. Heathman and Madge I. Heathman v. R. Philip SmithCourt of Appeals for the Ninth Circuit · 1962

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