Armstrong v. Stearns
Michigan Supreme Court
Appeal from Ingbam; Wiest, J. Petition by' Arthur B. Armstrong and others against Justus S. Stearns and others for the dissolution of the Central Implement Company, Limited, and the appointment of a receiver. The Detroit Trust Company was appointed receiver, and on its application certain claims of creditors were referred to a commissioner. From a decree confirming the award of the commissioner, the City National Bank appeals.
1Opinion of the CourtBrooke, J.
The Central Implement Company, Limited, was organized in February, 1902, under chapter 160 of the Complied Laws of 1897, as amended, with a capital stock of $300,000, $200,000 of common and $100,-*599000 of preferred stock. It carried on the business of buying and selling agricultural implements at wholesale. The record shows that said association had a board of managers, and that Mr. A. B. Armstrong was treasurer of the association, and that the management and conduct of the business of the association, which was an association for the purpose of buying and selling merchandise, was…
2Cases cited16 opinions
- Merchants' Bank v. State BankSupreme Court of the United States · 1871
- Louisville, New Albany & Chicago Railway Co. v. Louisville Trust Co.Supreme Court of the United States · 1899
- Monument National Bank v. Globe WorksMassachusetts Supreme Judicial Court · 1869
- McLellan v. Detroit File WorksMichigan Supreme Court · 1885
- Gorder v. Plattsmouth Canning Co.Nebraska Supreme Court · 1893
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3Cited by13 opinions
- Hakes v. ThayerMichigan Supreme Court · 1911
- Central Savings Bank & Trust Co. v. StotterMichigan Supreme Court · 1919
- Michigan Trust Co. v. HerpolsheimerMichigan Supreme Court · 1932
- Realty Co., Limited v. Secretary of StateMichigan Supreme Court · 1924
- Vanderhoef v. Parker Bros. Co., Ltd.Michigan Supreme Court · 1934
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