1. Home
  2. Browse Decisions
  3. U.S.
  4. 324 U.S.
  5. 324 U.S. 100 (1945)
 

PRICE v. GURNEY

No. 410.

324 U.S. 100 (1945)

65 S.Ct. 513

89 L.Ed. 776

PRICE, TRUSTEE, ET AL. v. GURNEY ET AL.

Supreme Court of United States.

Decided February 5, 1945.

Attorney(s) appearing for the Case

Mr. Wm. W. Keifer, with whom Mr. George W. Tehan was on the brief, for petitioners.

Mr. Charles W. Stiefel, Jr., with whom Mr. I.E. Ferguson was on the brief, for respondent.

Solicitor General Fahy, Messrs. Roger S. Foster, Milton V. Freeman and Theodore L. Thau filed a brief on behalf of the Securities & Exchange Commission, as amicus curiae.

MR. JUSTICE DOUGLAS delivered the opinion of the Court.

The Western Tool & Manufacturing Co. is an Ohio corporation. It has outstanding some 1,100 shares of stock and also bonds which total in principal amount $73,000 with large arrearages of interest. Some twenty years ago, following a default in payment of interest on the bonds, more than 50 per cent of the shares of stock were placed in a voting trust, the voting trustees being designated by the bondholders...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases