Miner v. Belle Isle Ice Co.
Michigan Supreme Court
Appeal from Wáyne. (Brevoort, J.) Bill for a receiver and an accounting, and to wind up the affairs of the defendant corporation. Complainant appeals. Decree reversed, and one entered in this Court in accordance with the opinion, in which the facts are stated.
1Opinion of the CourtMcGrath, J.
Complainant and defendant Charles A. Lorman had been in the ice business in the city of Detroit, as partners, since 1869, each having an equal interest in the business. In January, 1874, the joint property was inventoried at $33,500. Miner put in the further sum of $1,500, and the Belle Isle Ice Company was organized, with a capital stock of $35,000, divided into 1,000 shares of $35 each. Lorman and Miner each held 435 shares, I. J. Carpenter held 30 shares, and Lorissa Carpenter 100 shares. In 1878 the capital stock was increased to $50,000, or 3,000 shares at $35 each. At that time the…
2Cases cited4 opinions
- Twin-Lick Oil Co. v. MarburySupreme Court of the United States · 1876
- People ex rel. Plugger v. Township Board of OverysselMichigan Supreme Court · 1863
- Harts v. BrownIllinois Supreme Court · 1875
- Mayor of Griffin v. Inman, Swann & Co.Supreme Court of Georgia · 1876
3Cited by109 opinions
- Masinter v. Webco Co.West Virginia Supreme Court · 1980
- Zahn v. Transamerica CorporationCourt of Appeals for the Third Circuit · 1947
- Allied Chemical & Dye Corp. v. Steel & Tube Co. of AmericaCourt of Chancery of Delaware · 1923
- von Arnim v. American Tube WorksMassachusetts Supreme Judicial Court · 1905
- Madugula v. TaubMichigan Supreme Court · 2014
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