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MASON v. PEWABIC MINING CO.

Nos. 168, 240.

133 U.S. 50 (1890)

10 S.Ct. 224

33 L.Ed. 524

MASON, v. PEWABIC MINING COMPANY. PEWABIC MINING COMPANY, v. MASON.

Supreme Court of United States.

Decided January 13, 1890.

Attorney(s) appearing for the Case

Mr. Don M. Dickinson (with whom was Mr. Alfred Russell on the brief) for Mason and others.

Mr. Thomas H. Talbot for Pewabic Mining Company and others.

MR. JUSTICE MILLER, after stating the case as above reported, delivered the opinion of the court.

With regard to the main question, the power of the directors and of the majority of the corporation to sell all of the assets and property of the Pewabic Mining Company to the new corporation under the existing circumstances of this case, we concur with the Circuit Court. It is earnestly argued that the majority of the stockholders...

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