Legal Opinion

Limited Investment Ass'n v. Glendale Investment Ass'n

Wisconsin Supreme Court

Decided March 22, 1898PublishedCited by 14 opinions

Appeals from a judgment of the superior court of Milwaukee county: R. 3ST. Austin, Judge. Prior to 1892, the Glendale Investment Association was the owner of a certain twenty-acre tract of land in'Milwaukee county. John H. Meyers was its secretary, a director, and had practical management and control of its affairs.

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Appeals from a judgment of the superior court of Milwaukee county: R. 3ST. Austin, Judge. Prior to 1892, the Glendale Investment Association was the owner of a certain twenty-acre tract of land in'Milwaukee county. John H. Meyers was its secretary, a director, and had practical management and control of its affairs. The defendant Clayton had desk room in Meyers’ office, and at different times acted as agent for him and for the companies in which he was interested, in selling land on commission. Some time in July, 1892, Clayton had a talk with Meyers about getting the sale of this twenty-acre…

1Opinion of the CourtBardeen, J.

The laiv bearing upon the rights, duties, and obligations of promoters of corporations has been so-fully covered and exhaustively discussed in the recent cases of Fountain Spring Park Go. v. Roberts, 92 Wis. 345; Franey v. Warner, 96 Wis. 222; Hebgen v. Koeffier, 97 Wis. 313, as to render it unnecessary at this time to do more than to refer to those cases.

In this case, the facts as found by the jury, and which are-fully supported by the evidence, are substantially that the-*58■Glendale Investment Association was the owner of a certain tract of land, which it authorized Clayton to sell for $2,700…

2Cases cited5 opinions

  1. National Trust Co. v. . GleasonNew York Court of Appeals · 1879
  2. Franey v. WarnerWisconsin Supreme Court · 1897
  3. Barndt v. FrederickWisconsin Supreme Court · 1890
  4. Fountain Spring Park Co. v. RobertsWisconsin Supreme Court · 1896
  5. Hebgen v. KoefflerWisconsin Supreme Court · 1897

3Cited by14 opinions

  1. Mueller v. MichelsWisconsin Supreme Court · 1924
  2. Cowart v. FenderSupreme Court of Georgia · 1912
  3. Spaulding v. North Milwaukee Town Site Co.Wisconsin Supreme Court · 1900
  4. Huganir v. CotterWisconsin Supreme Court · 1899
  5. Siggins v. Chicago & Northwestern Railway Co.Wisconsin Supreme Court · 1913

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