Johnson v. Barthur Espey, Shearson, Hammill & Co.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that discretionary commodities futures account constituted a security
• recognizing that “[i]t is irrelevant that [plaintiff] has made informal demand on the former president and controlling director . . . since that man is no longer in a position to control [the corporation’s] decision to bring suit”
• noting that “[w]hatever may be the practical difficulties of making demand on the shareholders in some situations, plaintiff here has not demonstrated that he could not easily attempt to call a shareholders meeting.”

Source: CourtListener parenthetical corpus (CC0).