Legal Opinion

Morse v. Metropolitan Steamship Co.

Supreme Court of New Jersey

Decided November 15, 1917PublishedCited by 9 opinions

On appeal from orders, advised bj Vice-Chancellor Lane, for an injunction and the appointment of an equity and statutory receiver; reported in 87 N. J. Eq. 217.

1Opinion of the Court

*326The opinion of the court was delivered by

Kalisch, J.

The theory, upon which the complainant originally filed a bill in her own behalf, as a stockholder, and all other stockholders who may come in and join with her, in the court of chancery, against the Metropolitan Steamship Company, was fraudulent conduct of its directors against the interests of the corporation. The prayer of the bill was for the removal of the directors and the appointment of a receiver under the equity powers of the court of chancery, &c.

The bill was filed in 1913. Subsequently on March 29tli, 1913, the complainant filed…

2Cited by9 opinions

  1. Bostock v. High Tech Elevator Ind.New Jersey Superior Court Appellate Division · 1992
  2. Freidus v. KaufmanNew Jersey Superior Court Appellate Division · 1955
  3. Hollander v. Breeze Corporations, Inc.New Jersey Superior Court Appellate Division · 1941
  4. Gillies v. Pappas BrothersNew Jersey Court of Chancery · 1946
  5. Kron v. Trenton Automotive Collateral Co.New Jersey Court of Chancery · 1924

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