Wood v. Universal Adding Machine Co.
Appellate Court of Illinois
Appeal from the Municipal Court of Chicago,- the Hon. Frederick L. Fake, Judge, presiding. Heard in the Branch Appellate Court at the October term, 1909.
1Opinion of the CourtJustice Graves
The Universal Adding Machine Company, appel-lee here, is a corporation organized under the laws of the State of Missouri with its principal office in the city of St. Louis. In the latter part of 1906, they were engaged in manufacturing an adding machine, patented under the laws of the United States and numerous foreign countries. Its capital stock was $750,000. ■About that time, that corporation determined to increase its capital stock to $1,000,000, by issuing 2,500 shares of stock at the par value of $100 per share. After some negotiations appellant and other residents of Chicago subscribed…
2Cases cited2 opinions
- Lake Shore & Michigan Southern Railway Co. v. RichardsIllinois Supreme Court · 1894
- Ballance v. VanuxemIllinois Supreme Court · 1901
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