Cornell & Michler's Appeal
Supreme Court of Pennsylvania
Appeal from the Court of Common Pleas of Northampton county, in equity. Of January Term 1886, No. 293.' Appeal of Cornell and Michler from the decree of said court, ordering that they pay the plaintiff the sum of $896, beingthe unpaid amount of their subscription on stock in the Kejstone Iron Company, an insolvent corporation.
Read the full summary
Appeal from the Court of Common Pleas of Northampton county, in equity. Of January Term 1886, No. 293.' Appeal of Cornell and Michler from the decree of said court, ordering that they pay the plaintiff the sum of $896, beingthe unpaid amount of their subscription on stock in the Kejstone Iron Company, an insolvent corporation. On the 23d of April, 1881, John Hahn and William Hahn, partners as Hahn & Brothers, James Young, Benjamin Riegel, Joseph Morrison, administrator of Joseph Morrison, deceased, and Kate P. Green,' administratrix of Edward H. Green, deceased, filed their bill in equity…
1Opinion of the CourtJustice Trunkey
The Keystone Iron Company was incorporated March 24th, 1873, under the Act of June 16th, 1836, and its supplements. Its capital stock was originally $100,000. By the unanimous resolve of the stockholders the capital was authorized to be increased $100,000; and in 1874 it was increased by additional subscriptions amounting to $75,000. A small part of the increase was unconditional; the greater .part was on condition that no subscription should be.binding unless the total subscriptions to the captial stock should equal $175,000. On the face of the subscriptions they equalled the stipulated sum.…
2Cases cited1 opinion
- Hatch v. DanaSupreme Court of the United States · 1880
3Cited by7 opinions
- Swearingen v. Sewickley Dairy Co.Supreme Court of Pennsylvania · 1901
- Cappellini v. CommissionerUnited States Board of Tax Appeals · 1929
- Cox v. HardeeSupreme Court of Georgia · 1910
- Mount Union Borough v. KunzSupreme Court of Pennsylvania · 1927
- Beckman v. BrownbackSupreme Court of Pennsylvania · 1941
2 more not listed; retrieve them via the Exa API.