Legal Opinion

Spencer v. McLean

Indiana Court of Appeals

Decided May 25, 1898No. 2,430PublishedCited by 6 opinions

From the White Circuit Court.

1Opinion of the CourtRobinson, J.

It appears that appellant owned five shares of $50 each of the capital stock of the Tippecanoe Canning Company, a corporation with $10,000 capital stock; that said capital stock ivas invested in real estate, a building and machinery; that in February, 1894, appellees were elected directors of said corporation, and entered upon the duties of their trust; that to carry on the business, it became necessary to borrow large sums of money; that on the 2nd day of *627October, 1893, said corporation executed a note, with appellees as sureties to Alice Brearley, in the sum of $2,000, and on the 26th day…

2Cases cited13 opinions

  1. Deardorff v. ForesmanIndiana Supreme Court · 1865
  2. Markland Mining & Manufacturing Co. v. KimmelIndiana Supreme Court · 1882
  3. Anderson v. SpenceIndiana Supreme Court · 1880
  4. Fensler v. PratherIndiana Supreme Court · 1873
  5. Board of Commissioners v. Cincinnati Steam Heating Co.Indiana Supreme Court · 1891

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3Cited by6 opinions

  1. Alaska Packers' Ass'n v. DomenicoCourt of Appeals for the Ninth Circuit · 1902
  2. Brown v. Western Maryland Ry. Co.West Virginia Supreme Court · 1922
  3. Husak v. CliffordIndiana Supreme Court · 1913
  4. Robinson v. FoustIndiana Court of Appeals · 1903
  5. Bowers v. Alexandria BankIndiana Court of Appeals · 1921

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