Root v. Sinnock
Illinois Supreme Court
Appeal from the Appellate Court for the Third District;— heard in that court on appeal from the Circuit Court of Adams, county; the Hon. Charles J. Scofield, Judge, presiding. This was assumpsit, by appellee, against appellant.
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Appeal from the Appellate Court for the Third District;— heard in that court on appeal from the Circuit Court of Adams, county; the Hon. Charles J. Scofield, Judge, presiding. This was assumpsit, by appellee, against appellant. The declaration contained two counts, as follows: “For that whereas, heretofore, to-wit, on the 26th day of March, A. D. 1869, at, to-wit, the county aforesaid, by a certain public law of the State of Illinois, entitled 'An act to incorporate the Union Bank of Quincy,’ the Union Bank of Quincy became and was incorporated, and said Union Bank of Quincy was, on the first…
1Opinion of the CourtJustice Scholfield
We have carefully considered the questions discussed in the printed arguments before us, and we concur in the conclusions reached by the Appellate Court.
First—The contention of appellant is, that the liability imposed by the seventh section of the charter of the Union Bank of Quincy, upon the stockholders, is, simply, to pay the creditors of the bank the balance unpaid upon subscriptions for stock. The language of the seventh section, affecting this question, is: “Provided, also, that the stockholders in this corporation shall be individually liable, to the amount of their stock, for all…
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- McCullough v. MossCourt for the Trial of Impeachments and Correction of Errors · 1846
- Briggs v. PennimanCourt for the Trial of Impeachments and Correction of Errors · 1826
- Culver v. Third National BankIllinois Supreme Court · 1872
- Slee v. BloomCourt for the Trial of Impeachments and Correction of Errors · 1822
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