Redhead v. Iowa National Bank
Supreme Court of Iowa
Appeal from, Pollc District Court. — • HoN. Hugh BreNNAN, Judge. ActioN to recover dividends alleged to bave been declared by defendant, and wbicb it refused to pay. Judgment as prayed, and it appeals.
1Opinion of the CourtLadd, J.
From 1895 to 1898, inclusive, the plaintiff was a director and stockholder of the defendant bank, as were also S. A. Robertson, H. R. Heath, J. J. Smart, C. H. Dilworth, and J. M. Goodman, constituting a majority of the board. In November, 1895, its board of directors adopted a resolution “.that the bank shall pay the taxes on the bank stock, commencing with the taxes of 1895.” The shares of stock belonging to stockholders, other than those mentioned, and Anna Redhead, A. O. Baldwin, and J. 0. Savery, were assessed each of the years referred to, taxes levied thereon, and paid by the bank.…
2Cases cited10 opinions
- Jones v. . Terre Haute Richmond R.R. Co.New York Court of Appeals · 1874
- Robinson v. . National Bank of New BerneNew York Court of Appeals · 1884
- Stoddard v. Shetucket Foundry Co.Supreme Court of Connecticut · 1868
- Philadelphia, Wilmington, & Baltimore Railroad v. CowellSupreme Court of Pennsylvania · 1857
- First National Bank v. City CouncilSupreme Court of Iowa · 1892
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3Cited by19 opinions
- Majestic Co. v. Orpheum Circuit, Inc.Court of Appeals for the Eighth Circuit · 1927
- Lyon v. WillieSupreme Court of Iowa · 1980
- Spencer v. LoweCourt of Appeals for the Eighth Circuit · 1912
- Barnes v. Spencer & Barnes Co.Michigan Supreme Court · 1910
- Bank of Am. Nat'l Trust & Sav. Ass'n v. CranstonCalifornia Court of Appeal · 1967
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