Black v. Simpson
Supreme Court of South Carolina
Before Gage, J., Spartanburg, April, 1913. Action by H. R. Black et al., against Arthur O. Simpson. Defendant appeals. Remedies of persons defrauded: 1 Strob. 396; 56 S. C. 514; 79 S. C. 208; 20 Cyc. 87; 14 Ency. 162. Joinder: 24 S. C. 40; 1 Rich. L. 269; 1 S. E. 247; 20 Fed. 425; 104 U. S. 245; 15 Barb. 375; 1 Par. Eq. Cas. 501; 36 N. J. Eq. 313; 10 Ohio 235; 70 Am.
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Before Gage, J., Spartanburg, April, 1913. Action by H. R. Black et al., against Arthur O. Simpson. Defendant appeals. Remedies of persons defrauded: 1 Strob. 396; 56 S. C. 514; 79 S. C. 208; 20 Cyc. 87; 14 Ency. 162. Joinder: 24 S. C. 40; 1 Rich. L. 269; 1 S. E. 247; 20 Fed. 425; 104 U. S. 245; 15 Barb. 375; 1 Par. Eq. Cas. 501; 36 N. J. Eq. 313; 10 Ohio 235; 70 Am. Dec. 309; 19 Wis. 93; 18 Wis. 566; 65 Barb. 501; 112 N. W. 668; 12 Ind. 353; 73 N. E. 625; 9 N. W. 263; 15 N. W. 559; 30 N. W. 905, 175; 12 Ga. 189; 46 la. 323; 50 la. 322; 70 Ky. 513; 34 N. J. Eq. 341; 25 Ind. 523; 37 Am. St. R.…
1Opinion of the Court
The opinion of the Court was delivered by
Mr. Justice Woods.
The appeal is from an order of the Circuit Judge overruling defendant’s demurrer to the complaint.
For the purposes of this discussion the material facts set out in the complaint may be stated in few words. The defendant, Arthur O. Simpson, was a director and general manager of the Farmers Fertilizer Company, in which the plaintiffs were shareholders. The defendant, while occupying this trust relation to the plaintiffs, conceived and entered upon a scheme of acquiring the entire corporate assets at much less than their actual value by…
2Cases cited3 opinions
- McCorkle v. WilliamsSupreme Court of South Carolina · 1895
- Whittle v. JonesSupreme Court of South Carolina · 1908
- Stallings v. BarrettSupreme Court of South Carolina · 1887
3Cited by14 opinions
- Patricia B. Taylor v. First Union Corporation of South Carolina, Formerly Southern Bancorporation, Inc. First Union CorporationCourt of Appeals for the First Circuit · 1988
- Jacobson v. YaschikSupreme Court of South Carolina · 1967
- Clearwater Trust v. BuntingSupreme Court of South Carolina · 2006
- Peeples v. HornikSupreme Court of South Carolina · 1929
- Johnson v. Mansfield Hardwood Lumber CompanyDistrict Court, W.D. Louisiana · 1956
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