Augusta Manufacturing Co. v. Vertrees

Action of ejectment, in which the verdict and judgment were for the defendant, and the plaintiff appealed in error.

The plaintiff sues as a corporation chartered fyy the Legislature of the State of Georgia. It introduced in evidence the charter or act of incorporation passed on the 27th of December, 1845, which appoints certain persons named a board of commissioners to open a book of subscription for shares in a manufacturing company, the commissioners to require from the subscribers a payment of not less than five nor more than ten per cent, of the amount subscribed. By the third section of…