Peninsular Savings Bank v. Black Flag Stove Polish Co.
Michigan Supreme Court
Appeal from Wayne. (Frazer, J.) Bill to require defendant Campau to pay the amount of Ms subscription to the capital stock of defendant corporation. Complainant appeals. The facts are stated in the opinion.
1Opinion of the CourtGrant, J.
The complainant obtained a judgment in the circuit court for the county of Wayne for $2,115.82 upon two promissory notes executed by the defendant corporation, the proceeds of which were used in its business. The corporation was insolvent, and an execution was returned nulla bona. Thereupon this bill was filed to compel defendant Campau to pay the amount of his subscription to the capital stock for the purpose of satisfying the judgment.
The corporation was organized July 25, 1887, by the defendants Campau and Hathaway and one George B. Smith as original corporators. Campau took 100 shares,…
2Cases cited10 opinions
- Sawyer v. HoagSupreme Court of the United States · 1873
- Fogg v. BlairSupreme Court of the United States · 1891
- Van Cott v. . Van BruntNew York Court of Appeals · 1880
- Liebke v. KnappSupreme Court of Missouri · 1883
- Boulton Carbon Co. v. MillsSupreme Court of Iowa · 1889
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3Cited by11 opinions
- Gledhill v. Fisher & Co.Michigan Supreme Court · 1935
- North v. Higbee Co.Ohio Supreme Court · 1936
- Stevens v. Episcopal Church History Co.Appellate Division of the Supreme Court of the State of New York · 1910
- Clark v. E. C. Clark Machine Co.Michigan Supreme Court · 1908
- Ellsworth v. LyonsCourt of Appeals for the Sixth Circuit · 1910
6 more not listed; retrieve them via the Exa API.