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← 116 F.1d 40 - Synnott v. Cummings

Synnott v. Cummings’s Empirical Analysis

116 F. 40 · 1902

Citation profile

2
cited by 2 later decisions
July 1915
most recently cited

1 federal appellate · 1 district ·

Relationships

Relies on Bristol v. Scranton · Bristol v. Scranton

Most-quoted passages

The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 2 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.

  1. ““This agreement made this 23d day of July, A. D. 1901, between Thomas W. Synnott and J. E. Cummings of the city of Philadelphia, parties of the first part, and E. C. Eaton of the city of New York, party of the second part, witnesseth: “Parties of the first part in consideration of the sum of one dollar, to them in hand paid by party of the second part, do hereby sell, assign, and transfer to said second party, the entire capital stock of the Atlantic Match Company, a corporation duly organized under the laws of the state of New Jersey; said capital stock consisting of seven hundred and fifty thousand ($750,000) dollars preferred stock, and two million ($2,000,000) dollars of common stock. “The first parties agree that the bond issue of the Atlantic Match Company, which has been underwritten, to wit: two hundred and fifty thousand ($250,000) dollars, shall be canceled; party of second part, in consideration of above transfer of said Atlantic Match Company’s stock, hereby sells, assigns, and transfers to said first parties or their assigns, five hundred thousand ($500,000) dollars of preferred stock and two hundred and fifty thousand ($250,000) dollars of. common stock of the National Match Company, a corporation duly organized under the laws of the state of New Jersey. “The parties of the first part agree to deposit said Atlantic Match Company’s stock with the Standard Trust Company of New York for account of second party, and second party hereby authorizes said Standard Trust”
    1 later decision quote this exact passage
  2. ““July 19, 1901. “Memo, of agreement between J. E. Cummings of the Atlantic Match Co. and F. O. Eaton, of the National Match Co. . J. E. Cummings agrees to sell the entire capital stock of the Atlantic Match Co. to F. C. Eaton upon the following terms: Eaton gives in exchange for said stock $500,000 of the Preferred stock of National Match Co. $250,000 of Common stock of said Co, and $200,000 in cash. The Atlantic Match Co. stock is to be delivered to the Standard Trust Co. of New York who will issue temporary receipt or certificate therefor which shall be exchanged for certificates of stock of National Match Co. as soon as issued as above stated. The cash payments are to be $20,000 upon signing of contract for sale $80,000 on August 5, and $100,000 on September 5. Tbe National Match Co. to guaranty Eaton’s purchase. The entire bond subscription of the Atlantic Match Co. is-to he canceled. Possession is to be given August 1st. Thgs. W. Synnott and J. E. Cummings are to be elected directors of the National Match Co. and J. E. Cummings is to remain' in the business in employ of National Match Co. “Correct: F. C. E. “J. E. C. “Approved: Jos. Swift.””
    1 later decision quote this exact passage

How this case has been treated — in progress

Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.