Marr v. Tumulty
New York Court of Appeals
1Opinion of the Court
Cabdozo, Ch. J.
Plaintiff brings this action for the rescission of a contract whereby shares of stock of the Marr Oil Corporation were sold to the Southern States Oil Corporation in exchange for shares of stock of the last-mentioned corporation.
He had a judgment in his favor at the Special Term. The Appellate Division reversed and dismissed the complaint, holding that the plaintiff had failed to tender all the benefits received as a result of the exchange, and that purchasers for value and in good faith had acquired intervening rights.
In August, 1923, plaintiff was the president and principal…
2Cases cited14 opinions
- Mammoth Oil Co. v. United StatesSupreme Court of the United States · 1927
- American Surety Co. v. ConnerNew York Court of Appeals · 1929
- Vail v. . ReynoldsNew York Court of Appeals · 1890
- Holden v. . New York and Erie BankNew York Court of Appeals · 1878
- Allerton v. . AllertonNew York Court of Appeals · 1872
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3Cited by21 opinions
- Woodling v. Garrett Corp.Court of Appeals for the Second Circuit · 1987
- The First National Bank of Cincinnati v. Sidney Pepper, Elsie W. Cox, Defendants-Cross-Claimants-Appellants, Modern Talking Picture Service, Inc.Court of Appeals for the First Circuit · 1972
- Federal Housing Finance Agency v. Nomura Holding America, Inc.Court of Appeals for the Second Circuit · 2017
- Halsted v. Globe Indemnity Co.New York Court of Appeals · 1932
- Sheridan Drive-In, Inc. v. StateAppellate Division of the Supreme Court of the State of New York · 1962
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