Legal Opinion

Saylor v. Lindsley

District Court, S.D. New York

Decided April 16, 1969No. 65 Civ. 516PublishedCited by 43 opinions

1Opinion of the Court

OPINION

COOPER,.District Judge.

On February 18, 1965 plaintiff Saylor, a stockholder of Tonopah Mining Company of Nevada (Tonopah), commenced this derivative action on behalf of his corporation against several of its directors as well as certain corporations allegedly affiliated with Tonopah or under the control of its directors. Jurisdiction is based upon federal statutes 1 and the doctrine of pendant jurisdiction, with no allegation of diversity of citizenship.

The complaint is based upon the sale and transfer by Tonopah to Mines Incorporated (Mines), in 1951 of 60%, and in 1953 of the…

2Cases cited59 opinions

  1. Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
  2. Guaranty Trust Co. v. YorkSupreme Court of the United States · 1945
  3. Guaranty Trust Co. v. YorkSupreme Court of the United States · 1945
  4. Holmberg v. ArmbrechtSupreme Court of the United States · 1946
  5. J. I. Case Co. v. BorakSupreme Court of the United States · 1964

54 more not listed; retrieve them via the Exa API.

3Cited by43 opinions

  1. Armstrong v. McAlpinCourt of Appeals for the Second Circuit · 1983
  2. Armstrong v. McalpinCourt of Appeals for the Second Circuit · 1983
  3. Hecht v. Resolution Trust Corp.Court of Appeals of Maryland · 1994
  4. Fed. Sec. L. Rep. P 93,401 J. Ralph Saylor v. Thayer Lindsley, and Roseanne Horn, Michael J. McLaughlin Objectors-Appellants, and Abraham I. MarkowitzCourt of Appeals for the Second Circuit · 1972
  5. In Re Investors Funding Corp., Etc.District Court, S.D. New York · 1980

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