Legal Opinion

Summers v. Hearst

District Court, S.D. New York

Decided June 7, 1938PublishedCited by 7 opinions

1Opinion of the Court

LEIBELL, District Judge.

Plaintiffs in this action are stockholders of Ilearst Consolidated Publications, Inc., and sue on their own behalf and on behalf of all of the holders of Class “A” 7% Cumulative Participating shares. Jurisdiction of the Federal Court is based on diversity of citizenship and the requisite controversial sum. The venue is laid in this District under Section 51 of the Judicial Code (Title 28 U.S.C.A. § 112). The individual defendants are the directors of Hearst Consolidated Publications, Inc. The corporation itself is also made a defendant.

This is the usual stockholders’…

2Cases cited26 opinions

  1. Erie Railroad v. TompkinsSupreme Court of the United States · 1938
  2. Swift v. TysonSupreme Court of the United States · 1842
  3. Hawes v. OaklandSupreme Court of the United States · 1882
  4. Black & White Taxicab & Transfer Co. v. Brown & Yellow Taxicab & Transfer Co.Supreme Court of the United States · 1928
  5. Guffey v. SmithSupreme Court of the United States · 1915

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3Cited by7 opinions

  1. Piccard v. Sperry CorporationDistrict Court, S.D. New York · 1941
  2. Cohen v. Industrial Finance CorporationDistrict Court, S.D. New York · 1942
  3. Perrott v. United States Banking CorporationDistrict Court, D. Delaware · 1944
  4. Lissauer v. BertlesDistrict Court, S.D. New York · 1940
  5. Gottesman v. General Motors Corp.District Court, S.D. New York · 1961

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