Legal Opinion
Guttmann v. Illinois Cent. R. Co.
District Court, E.D. New York
Decided May 26, 1950No. Civ. 9195PublishedCited by 4 opinions
1Opinion of the Court
GALSTON, District Judge.
The jurisdiction of the court is based on diversity of citizenship, the plaintiff being a resident of this district and the defendant a resident of the State of Illinois.
The plaintiff is the owner of two hundred shares of 6% noncumulative convertible Series A preferred stock of the par value of $100 each, and on behalf of himself and all other holders of the like issue of stock seeks judgment against the defendant:(1) Decreeing that dividends on said issue for each of the years 1937 to 1947, inclusive, were fully earned; that there were sufficient earnings or surplus…
2Cases cited20 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Gibbons v. MahonSupreme Court of the United States · 1890
- New York, Lake Erie, & Western Railroad v. NickalsSupreme Court of the United States · 1886
- Hall v. WoodsIllinois Supreme Court · 1927
- Patterson v. Durham Hosiery MillsSupreme Court of North Carolina · 1939
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3Cited by4 opinions
- Levin v. Mississippi River Corp.District Court, S.D. New York · 1973
- Levin v. Mississippi River CorporationDistrict Court, S.D. New York · 1968
- Kern v. Chicago & Eastern Illinois RailroadAppellate Court of Illinois · 1972
- Welch v. Atlantic Gulf & West Indies S. S. LinesDistrict Court, E.D. New York · 1951