Nowell

Nowell v. International Trust Co.

Good Law
121 C.C.A. 499·203 F. 395·4 Alaska Fed. 68·1913 U.S. App. LEXIS 1147
United States Court of Appeals for the Ninth CircuitFebruary 24, 1913No. 2,141California3,448 words

Opinion

Lead Opinion

Gilbert, J.

(after stating the facts as above).

The question here presented is whether or not the court erred in sustaining a demurrer to the third amended bill for want of equity. The bill presents the newly discovered evidence which is relied upon to show that the decree in Nowell v. McBride was erroneous. That evidence consists of two letters written by Thomas S. Nowell shortly after the stockholders’ meeting of June 24, 1896, together with the testimony of one William Payson, who was present at that meeting, and two letters written by William Endicott, and the recitals contained in two agreements which were thereafter executed. It is alleged, also, that if Thomas S. Nowell had had the opportunity to inspect the records which it is alleged were concealed and suppressed, the inspection thereof would have enabled him to recall the reason why the plan to offer the said Johnson group to the Berner’s Ba}Company had been changed prior to the stockholders’ meeting of June 24th, and why it was finally decided by the stockholders of the company that he should not include the Johnson group in said offer. And the true reason is alleged' to be that the said Johnson group had not been paid for, that…

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