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YOUNG v. SOUTHERN PAC. CO.

No. 280.

25 F.2d 630 (1928)

YOUNG et al. v. SOUTHERN PAC. CO.

Circuit Court of Appeals, Second Circuit.

April 9, 1928.

Attorney(s) appearing for the Case

Humes, Buck & Smith, of New York City (Gordon M. Buck, of New York City, of counsel), for appellant.

Dudley F. Phelps, of New York City (Frank M. Swacker, of New York City, of counsel), for appellees.

Before MANTON, L. HAND, and SWAN, Circuit Judges.

MANTON, Circuit Judge.

These appellees belong to the class of stockholders who sought to intervene in a stockholders' action and who are referred to in Southern Pacific Co. v. Bogert, 250 U.S. 483, 39 S.Ct. 533, 63 L. Ed. 1099, and Bogart v. Southern Pacific Co. (C. C. A.) 290 F. 727, certiorari denied 263 U.S. 708, 44 S.Ct. 36, 68 L. Ed. 517.

In 1888, the Houston & Texas Central Railroad Company was organized and new securities...

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