Riles v. Coston-Riles Lumber Co.
Supreme Court of Alabama
Appeal from Circuit Court, Jefferson County; J. C. B. Gwin, Judge. Bill by the Coston-Riles Lumber Company against I. M. Riles and others. From a decree overruling' their separate demurrers, I. M. Riles, William Varner, and the Farmers’ State Bank appeal.
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Appeal from Circuit Court, Jefferson County; J. C. B. Gwin, Judge. Bill by the Coston-Riles Lumber Company against I. M. Riles and others. From a decree overruling' their separate demurrers, I. M. Riles, William Varner, and the Farmers’ State Bank appeal. The bill is filed by tbe Coston-Riles Lumber-Company, a corporation organized under the-laws of Alabama, with principal place of business in Bessemer, Jefferson county, Ala.,, against W. L. Coston, E. C. Coston, C. J. Donald, T. C. Donald, M. C. Tbomas, O. W. Lewis/And William Waldrop, residents of' Jeffers on county; I. M. Riles, B. H.…
1Opinion of the CourtAnderson, C. J.
[1] The bill charges, and the facts averred show, that I. M. Riles was the promoter of the complainant corporation. and' that in order to induce Coston and other subscribers to organize the complainant corporation he made certain false and fraudulent representations as to the amount of certain timber options held by him, and that the proposed corporation should receive this timber for the price as fixed by his option, when in fact and in reality he subscribed the timber and -received therefor stock and other valuable consideration in excess of the price paid or called for under his option…
2Cases cited10 opinions
- Elyton Land Co. v. Birmingham Warehouse & Elevator Co.Supreme Court of Alabama · 1890
- Harwell v. Lehman, Durr & Co.Supreme Court of Alabama · 1882
- Lewis v. ElrodSupreme Court of Alabama · 1861
- Nicrosi v. IrvineSupreme Court of Alabama · 1893
- Moore v. Warrior Coal & Land Co.Supreme Court of Alabama · 1912
5 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Alabama Public Service Commission v. Mobile Gas Co.Supreme Court of Alabama · 1925
- Atlas Assur. Co. v. ByrneSupreme Court of Alabama · 1938
- Kyser v. American Surety Co.Supreme Court of Alabama · 1925
- Blythe v. EnslenSupreme Court of Alabama · 1929
- Elmore County v. Tallapoosa CountySupreme Court of Alabama · 1930
6 more not listed; retrieve them via the Exa API.