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232 N.Y. 571

134 N.E 576

Holmes v. . Crane

New York Court of Appeals

Decided January 10, 1922

New York Court of Appeals · decided 1922-01-10

The action was by minority stockholders of the St. Joseph Lead Company, a domestic corporation, in the right of the corporation, against two of its directors, and the executors of a deceased director, for an accounting for property and funds of the corporation used ultra vires through their alleged neglect and failure to perform their duties as directors and through alleged violations of law by them as officers and directors of the company.

Cited by 2 later decisions — most recently January 1967

1 state decisions

Good law ✅— No negative treatment on recordhow we know

Decided 1922-01-10

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¶1*572 Judgment affirmed, with costs; no opinion.

¶2 Concur: His cock, Ch. J., Hogan, Cardozo, McLaughlin, Crane and Andrews, JJ. Absent: Pound, J.

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