Richardson v. Buhl
Michigan Supreme Court
Appeal from Wayne. (Gartner, J.) Bill to enjoin defendants from selling stock in a manufacturing coi’poration, held by them as security. Defendants appeal from decree directing retransfer of stock to complainant, and that defendants pay a balance of $35,219.25 found due complainant. The facts are stated in the opinion.
1Opinion of the CourtSherwood, C. J.
In 1879 the Richardson Match Company was located at Detroit. It was ox-ganized under the laws of this State, and the complainant owned or controlled all of its stock. Its business was manufacturing matches, but for 16 months previous to July 3, 1879, its factory had not been in operation. The capital stock *634of tlie company then was $75,000, consisting of 3,000 shares of $25 each. On the representations of the complainant to defendant Buhl as to the earning capacity of the match factory, the defendants became security for complainant on his bond to the government for $80,000, and indorsed the…
2Cited by70 opinions
- United States v. Addyston Pipe & Steel Co.Court of Appeals for the Sixth Circuit · 1898
- Commonwealth v. DyerMassachusetts Supreme Judicial Court · 1922
- American Tobacco Co. v. United StatesCourt of Appeals for the Sixth Circuit · 1945
- Harding v. American Glucose Co.Illinois Supreme Court · 1899
- State ex inf. Hadley v. Standard Oil Co.Supreme Court of Missouri · 1909
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