Summary

Portrait of Morrison Waite Morrison Waite Ex parte Cutting — Opinion of the Court

Neither can these petitioners appeal as stockholders. Only parties, or those who represent them, can appeal. The stockholders do not represent the corporation, but for some purposes the corporation represents them. They are sometimes admitted as parties to a suit, for the purpose of protecting their own interests in the corporation against unfounded and illegal claims against it, but this 'remedy is an extreme one, and should be admitted by the court with hesitation and caution.' Bronson v.
Source: Wikisource

Portrait of Morrison Waite Morrison Waite Ex parte Cutting — Opinion of the Court

We are aware that there are cases in which persons have been treated as parties to a suit after having filed a petition for leave to come in, when no formal order admitting them appears in the record, but in all such cases it will be found that they have acted or have been recognized as parties in the subsequent proceedings in the case.
Source: Wikisource

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