Hogue v. American Steel Foundries

Citations

• 247 Pa. 12
• 92 A. 1073
• 1915 Pa. LEXIS 773

Syllabus

<p>Corporations —Foreign corporations — Internal management — Jurisdiction. ,</p> <p>The courts of Pennsylvania have no jurisdiction over an action brought by a stockholder of a foreign corporation, to recover dividends which he alleges should have been paid upon preferred stock held by him, and which action involves a determination of the validity of a reorganization of the corporation in which plaintiff had declined to participate. Such an action relates to the management of the internal affairs of a foreign corporation, and can only be determined by the courts of the state in which the corporation is domiciled.</p>