Worth Mfg. Co. v. Bingham
Court of Appeals for the Fourth Circuit
Appeal from the Circuit Court of the United States for the Western District of North Carolina, at Greensboro. This case comes up on appeal from the decree of the circuit court of the United States for the Western district of North Carolina. The Worth Manufacturing Company is a private corporation created by the laws of the state of North Carolina, engaged in the business of cotton manufacturing.
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Appeal from the Circuit Court of the United States for the Western District of North Carolina, at Greensboro. This case comes up on appeal from the decree of the circuit court of the United States for the Western district of North Carolina. The Worth Manufacturing Company is a private corporation created by the laws of the state of North Carolina, engaged in the business of cotton manufacturing. The corporation was organized oh 1st May, 1889. The capital stock was 2,000 shares of $100 each, in all $200,000, of which $160,000 was paid in and $40,000 were stock dividends. On the 14th December,…
1Per curiam
The bill, as originally filed, upon the filing of which receivers were appointed and placed in charge of the whole property of the Worth Manufacturing Company, was filed by a minority of stockholders in a corporation wholly private, incorporated for the purposes of gain only. It set out no oppression of the minority, no disregard of their interests specially, nor were there allegations of fraud against the majority in their conduct of the affairs of the company. The chief ground of complaint was the purchase of the Engleworth Mills at a-price beyond their value, alleged to have been brought…
2Cases cited12 opinions
- Smith v. Vulcan Iron WorksSupreme Court of the United States · 1897
- Dimpfell v. Ohio & Mississippi Railway Co.Supreme Court of the United States · 1884
- Shaw v. DavisCourt of Appeals of Maryland · 1894
- Barcello v. . HapgoodSupreme Court of North Carolina · 1896
- Taylor v. Decatur Mineral & Land Co.U.S. Circuit Court for the District of Northern Alabama · 1901
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3Cited by6 opinions
- McDougall v. Huntingdon & Broad Top R. & C. Co.Supreme Court of Pennsylvania · 1928
- Folk v. United StatesCourt of Appeals for the Eighth Circuit · 1916
- Rider v. John G. Delker & Sons Co.Court of Appeals of Kentucky · 1911
- Carson v. Allegany Window Glass Co.U.S. Circuit Court for the District of Delaware · 1911
- Jacobs v. Mexican Sugar Co.U.S. Circuit Court for the District of New Jersey · 1904
1 more not listed; retrieve them via the Exa API.