BETTER PACKAGES, INC.
v.
L. LINK & CO., INC. ET AL.

U.S. | 1935-05-13
No. 888
295 U.S. 751 Supreme Court of the United States (1935) Positive Treatment
Cited by 3 cases

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  • Seagrave Corp. v. Mount, 212 F.2d 389 (6th Cir. 1954)
    …at any time and for any price to which they may agree without being liable to other stockholders. As a general proposition appellants are correct in this contention. United Milk Products Corp. v. Lovell, 6 Cir., 75 F. 2d 923, 927, certiorari denied 295 U.S. 751, 55 S.Ct. 831, 79 L.Ed. 1696; Roby v. Dunnett, 10 Cir., 88 F. 2d 68, 69. However, there are recognized exceptions to the general rule, such as where fraud is involved in the actions of the dominant directors and stockholders, where controlling stock…
  • Slavin v. Germantown Fire INS. Co., 174 F.2d 799 (3d Cir. 1949)
    …ts by prescribing a higher price for the securities to the public. But the availability of a better plan is no indication of fraud or- breach of fiduciary duty. United Milk Products Corp. v. Lovell, 6 Cir., 1935, 75 F. 2d 923, 927, certiorari denied 295 U.S. 751, 55 S.Ct. 831, 79 L.Ed. 1696. The court is a harbor of refuge, not a repair shop. Even if it be assumed that the policyholders would not have approved the plan had they known of Rosenlund’s conduct, it was clearly not the price of the securities tha…
  • O'Brien v. Calmar S. S. Corp., 104 F.2d 148 (3d Cir. 1939)
    …of trial by jury.” The act has been construed not to extend beyond admiralty jurisdiction, and not to apply to injuries on land. Hughes v. Alaska S. S. Co., D.C., 287 F. 427; Esteves v. Lykes Bros. S. S. Co., 5 Cir., 74 F. 2d 364, certiorari denied 295 U.S. 751, 55 S.Ct. 830, 79 L.Ed. 1695; Todahl v. Sudden & Christenson, 9 Cir., 5 F. 2d 462. The trial court was without jurisdiction to entertain the suit. The Workmen’s Compensation Law of Pennsylvania, 77 P.S.Pa. § 1 et seq., presumably applied. Lawton v.…

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