Young v. Farwell
Illinois Supreme Court
Appeal from the Appellate Court for the First District;— heard in that court on appeal from the Circuit Court of Cook county; the Hon. Loein C. Collins, Judge, presiding.
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Appeal from the Appellate Court for the First District;— heard in that court on appeal from the Circuit Court of Cook county; the Hon. Loein C. Collins, Judge, presiding. Certain persons signed articles of incorporation, bearing date June 15, 1881, in which they declare that they associate themselves under an act of the legislature of Michigan, entitled “An act to revise the laws providing for the incorporation of companies for mining, smelting and manufacturing iron, copper, silver, mineral coal and other ores or minerals, and to, fix the debts and liabilities of such corporations,” approved…
1Opinion of the CourtJustice Scholeield
Although a creditor of a corporation may, after judgment against it and return of execution by the sheriff unsatisfied, seek satisfaction of his judgment by creditor’s bill against a single delinquent stockholder of the corporation, (Hatch v. Dana, 101 U. S. 205,) yet in such case the delinquent stockholder may file a cross-bill in the case, obtain a discovery of the other stockholders, bring them before the court, and enforce contributions from all who are alike delinquent as himself. (Natch v. Da/na, supra; Beach on Private Corporations, sec. TOO, and authorities cited in note 4; Cook on…
2Cases cited5 opinions
- Hatch v. DanaSupreme Court of the United States · 1880
- New Haven Horse Nail Co. v. Linden Spring Co.Massachusetts Supreme Judicial Court · 1886
- Young v. Erie Iron Co.Michigan Supreme Court · 1887
- Patterson v. LyndeIllinois Supreme Court · 1884
- May v. BlackWisconsin Supreme Court · 1890
3Cited by23 opinions
- Marshall v. . ShermanNew York Court of Appeals · 1895
- Babcock v. FarwellIllinois Supreme Court · 1910
- Bell v. FarwellIllinois Supreme Court · 1898
- Coleman v. HoweIllinois Supreme Court · 1895
- Edwards v. SchillingerIllinois Supreme Court · 1910
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