Bell v. R. D. Wood & Co. ex rel. Camden Iron Works

Supreme Court of Pennsylvania May 3, 1897

Bell v. R. D. Wood & Co. ex rel. Camden Iron Works, 181 Pa. 175 (Pa. 1897)

Dean, Fell, Green, Sterrett, Williams

Opinion of the Court

Per Curiam,

A careful consideration of this record discloses no error in the decree of July 21,1896, or in the proceedings leading up thereto. The action of the court below in dissolving the preliminary injunction and dismissing the bill at the plaintiff’s costs is so fully vindicated in the clear and convincing opinion of the learned president of the 47th judicial district, who specially presided at the hearing, that nothing need be added thereto.

Decree affirmed and appeal dismissed at plaintiffs’ costs.

Reference

Full Case Name: John E. Bell, Elizabeth Bell, M. B. Riddle, Thad. Stewart, William A. Ford, R. L. Holiday, E. B. Kay, and W. S. Bell, Elizabeth Bell and — Bell and — Bell heirs of Samuel H. Bell, stockholders in the Bellwood Water Company of Bellwood, Pa. v. R. D. Wood & Company to use of The Camden Iron Works of Camden, N. J.
Cited By: 8 cases
Status: Published
Syllabus: Corporations — Execution—Special fi. fa. — Act of April!, 1870. The land which is a component part of the plant of an incorporated water company, and necessary to the enjoyment of the corporate franchises, may be sold on the special writ of fieri facias provided by the Act of April 7, 1870, P. L. 58. . Corporations — Receivers—Stockholders. An application by stockholders for the appointment of a receiver of a corporation will be refused, where it appears that there is no charge of mismanagement, that there are no scattered assets to be marshalled, and that the only effect of granting the application would be to hinder and delay the collecting of valid claims.