United States Lines, Inc. v. United States Lines Co.

AUGUSTUS N. HAND, Circuit Judge.

The defendant United States Lines Company has been engaged since on or about December 8, 1931, in the business of owning and operating a transatlantic line of. steamers which had been operated prior to that date by the complainant United States Lines, Inc. In February, 1934, United States Lines, Inc., brought a derivative stockholders’ suit against United States Lines Company to assert claims that the latter corporation is said to have had against International Mercantile Marine Company, the, American Lines Company, and the Roosevelt Steamship Company, Inc.…