Legal Opinion

Treadwell v. United Verde Copper Co.

Appellate Division of the Supreme Court of the State of New York

Decided November 5, 1909PublishedCited by 4 opinions

Appeal by the defendants, the United Verde Copper Company and others, from an interlocutory judgment of the Supreme Court in favor of the plaintiff, entered in the office of the clerk of the county of New York on the 16th day of January, 1908, upon the decision of the court rendered after a trial at the New York Special Term.

1Opinion of the Court

McLaughlin, J.:

The defendant United Verde Copper Company, a domestic corporation, was organized in 1883, with a capital stock of $3,000,000, divided into 300,000 shares of the par value of $10 each. The defendant Clark, from December, 1888, to 1899, held about ninety-five per cent of the stock in his own name and had complete control of the affairs of the corporation. The corporation owned certain mining properties in the Territory of Arizona, which, under Clark’s management, had become very valuable. In 1899, and for some time prior thereto, the corporation had been compelled to pay taxes in…

2Cases cited3 opinions

  1. Wormser v. Metropolitan Street Railway Co.New York Court of Appeals · 1906
  2. Drake v. New York Suburban Water Co.Appellate Division of the Supreme Court of the State of New York · 1899
  3. Treadwell v. United Verde Copper Co.Appellate Division of the Supreme Court of the State of New York · 1900

3Cited by4 opinions

  1. Weisbecker v. Hosiery Patents, Inc.Supreme Court of Pennsylvania · 1947
  2. Alger v. Brighter Days Mining Corp.Arizona Supreme Court · 1945
  3. Prindiville v. Johnson & HigginsNew Jersey Court of Chancery · 1921
  4. Tillotson v. Independent Breweries Co.Missouri Court of Appeals · 1925

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