Bronson Electric Co. v. Rheubottom
Michigan Supreme Court
Appeal from Branch; Yaple, J. Bill by the Bronson Electric Company against Frank C. Rheubottom, Celeste M. Bond, administratrix of the-estate of William H. Bond, deceased, and Joseph W. McCausey, to establish a lien on certain stock in complainant corporation. From a decree dismissing the bill, complainant appeals.
1Opinion of the CourtMoore, J.
The complainant is a corporation organized under chapter 127, 1 How. Stat.; section 4192 providing :
“Certificates of stock may be transferable, but the, transfer shall not be valid unless a record of the same shall be made on the books of the company in such form-as the directors shall prescribe.”
*609At the stockholders’ meeting of the corporation, November 28, 1895, all being present, including the defendants Rheubottom and Bond, and voting therefor, by-law 6 was passed, reading as follows:
“Any stockholder desiring to sell his or her shares of stock in this incorporation shall first notify the…
2Cases cited20 opinions
- New England Trust Co. v. AbbottMassachusetts Supreme Judicial Court · 1894
- Calkins v. ChandlerMichigan Supreme Court · 1877
- Jennings v. Bank of CaliforniaCalifornia Supreme Court · 1889
- Phelps v. AbbottMichigan Supreme Court · 1897
- St. Louis Perpetual Insurance v. GoodfellowSupreme Court of Missouri · 1845
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3Cited by5 opinions
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- Evansville Union Stockyards Co. v. State ex rel. EichelIndiana Supreme Court · 1913