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United Copper Securities Co. v. Amalgamated Copper Co., 244 U.S. 261 (1917)
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General SummaryThis case is from a collection containing the full text of over 16,000 Supreme Court cases from 1793 to the present. The body of Supreme Court decisions are, effectively, the final interpretation of the Constitution. Only an amendment to the Constitution can permanently overturn an interpretation and this has happened only four times in American history.
United Copper Securities Co. v. Amalgamated Copper Co., 244 U.S. 261 (1917)
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United Copper Securities Company v. Amalgamated Copper Company No. 208 Argued April 24, 1917 Decided May 21, 1917 244 U.S. 261
ERROR TO THE CIRCUIT COURT OF APPEALS
FOR THE SECOND CIRCUIT
Syllabus
The established principles limiting the right of a stockholder to sue on behalf of the corporation when it refuses to do so restated and held applicable to an action for damages based on alleged injury to the corporation through violations of the Sherman Act.
The rule which confines the individual stockholder to the equitable forum when seeking to enforce a right of the corporation applies when the cause of action arises under the Sherman Act, as in other cases. Fleitmann v. Welsbach Co., 240 U.S. 27, distinguished.
Whether or not in an action by stockholders to enforce an alleged right of their corporation this Court has power to substitute as plaintiffs persons appointed receivers of the corporation while the writ of error is pending, held that, in the circumstances stated in the opinion, such a motion was without merit in this case.
223 F. 421 affirmed.
The case is stated in the opinion.
Contents:
Chicago:
U.S. Supreme Court, "Syllabus," United Copper Securities Co. v. Amalgamated Copper Co., 244 U.S. 261 (1917) in 244 U.S. 261 244 U.S. 262. Original Sources, accessed August 30, 2025, http://www.originalsources.com/Document.aspx?DocID=ZHHHUDE7H58EMPN.
MLA:
U.S. Supreme Court. "Syllabus." United Copper Securities Co. v. Amalgamated Copper Co., 244 U.S. 261 (1917), in 244 U.S. 261, page 244 U.S. 262. Original Sources. 30 Aug. 2025. http://www.originalsources.com/Document.aspx?DocID=ZHHHUDE7H58EMPN.
Harvard:
U.S. Supreme Court, 'Syllabus' in United Copper Securities Co. v. Amalgamated Copper Co., 244 U.S. 261 (1917). cited in 1917, 244 U.S. 261, pp.244 U.S. 262. Original Sources, retrieved 30 August 2025, from http://www.originalsources.com/Document.aspx?DocID=ZHHHUDE7H58EMPN.
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