Storrow v. Texas Consolidated Compress & Manufacturing Ass'n
Court of Appeals for the Fifth Circuit
Appeal from the Circuit Court of the United States for the Eastern District of Texas. The original bill filed in this case November 18, 1896, alleges that the complainant Charles Storrow is a resident and citizen of Brookline, in the state of Massachusetts; that he brings this suit for himself and all others similarly situated and interested, to make themselves parties thereto, and complains of the Texas Compress & Manufacturing Association, a corporation, with its principal…
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Appeal from the Circuit Court of the United States for the Eastern District of Texas. The original bill filed in this case November 18, 1896, alleges that the complainant Charles Storrow is a resident and citizen of Brookline, in the state of Massachusetts; that he brings this suit for himself and all others similarly situated and interested, to make themselves parties thereto, and complains of the Texas Compress & Manufacturing Association, a corporation, with its principal place of business in the county of Smith, state of Texas. It alleges that it was chartered on the 18th day of March,…
1Opinion of the CourtSwayne, District Judge
(after stating (be facts). Much of the difficulty arises in (his case from the want of a proper understanding of the difference between the common stock and preferred stock, and the respective rights of ¡.he holders thereof. Among the rights of the holders of common stock are those of attending and voting at the meetings of the corporation, participation in the election of officers, the formation of by-laws, the participation in the profits and losses, and in the final division of the property upon dissolution. A share of stock has been defined to be a right which its owner has in the…
2Cited by14 opinions
- Figge v. BergenthalWisconsin Supreme Court · 1907
- Romick v. Bekins Van & Storage Co., Inc.Court of Appeals for the Fifth Circuit · 1952
- St. Regis Candies, Inc. v. HovasTexas Supreme Court · 1928
- Central Standard Life Insurance v. DavisAppellate Court of Illinois · 1967
- Best v. Oklahoma Mill Co.Supreme Court of Oklahoma · 1926
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