Eastman v. Parkinson
Wisconsin Supreme Court
'Appeal from a judgment of tlie circuit court for Grant county: Geoege Clemewtsou, Circuit Judge. The facts as found indicate clearly the nature of the action and the issue.
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'Appeal from a judgment of tlie circuit court for Grant county: Geoege Clemewtsou, Circuit Judge. The facts as found indicate clearly the nature of the action and the issue. The following is a brief statement of the substance thereof: (1) February 15, 1904, the Platteville Foundry & Machine Company, a corporation, duly made and delivered to plaintiff its promissory note agreeing in consideration of $7,000, then received by it, to pay him said sum in one year after such date, with interest thereon at the rate of sis per cent, per annum until paid. (2) To secure such payment said company gave…
1Opinion of the Court
MaR,shaxl, J.
Sec. 1775, Stats. (1898), provides that: a corporation may, “by a vote of a majority of the stock *379given at any regular meeting or at any special meeting called for the purpose, sell and convey or authorize to be conveyed all or any portion of the property owned by it,, whether real, personal or mixed; and may, by a similar vote, mortgage or lease any such property whenever it shall be necessary for its business purposes or the protection or benefit of its property held or used for the corporate business,” etc.
The by-laws of the mortgagor empowered its board of directors to call a…
2Cases cited35 opinions
- Jones v. Guaranty & Indemnity Co.Supreme Court of the United States · 1880
- Etheridge v. SperrySupreme Court of the United States · 1891
- In re New York Economical Printing Co.Court of Appeals for the Second Circuit · 1901
- Paulding v. . the Chrome Steel CompanyNew York Court of Appeals · 1884
- Beecher v. Marquette & Pacific Rolling Mill Co.Michigan Supreme Court · 1881
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3Cited by32 opinions
- Westerlund v. Black Bear Mining Co.Court of Appeals for the Eighth Circuit · 1913
- Calumet Service Co. v. City of ChiltonWisconsin Supreme Court · 1912
- McKee v. Title Insurance Etc. Co.California Supreme Court · 1911
- Graham v. PerryWisconsin Supreme Court · 1929
- Boston Old Colony Insurance v. International Rectifier Corp.Wisconsin Supreme Court · 1979
27 more not listed; retrieve them via the Exa API.