Kenton Insurance v. Bowman
Court of Appeals of Kentucky
Case 59 — PETITION EQUITY APPEAL PROM KENTON CIRCUIT COURT. 1. All the banks and assignees had notice of the provisions of appellant’s charter. The provisions of the - charter of a corporation are per se notice to all the world, and a by-law authorized by the charter has the same effect.
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Case 59 — PETITION EQUITY APPEAL PROM KENTON CIRCUIT COURT. 1. All the banks and assignees had notice of the provisions of appellant’s charter. The provisions of the - charter of a corporation are per se notice to all the world, and a by-law authorized by the charter has the same effect. (Transfer of Stock, Lowell, sections 165, 167, 168, 171, 172 and 176.) 2. The provisions of appellant’s charter are sufficient to put all persons upon inquiry- as to how far the Board of Directors has restricted the transfer of stock. (Wade on the Law of Notice, sec. 333, p. 144; Hill v. Simpson, 7 Yes. Jr.,…
1Opinion of the Court
JUDGE BENNETT
delivered the opinion of the court.
On the 21st of October, 1874, Y. Shinkle and his wife, Lydia A. Shinkle, executed to the appellant a mortgage on a tract of land belonging to the wife, Lydia A. Shinkle, to secure a note executed by them to appellant for the sum of $24,886, and payable three years after date, with seven per cent, interest, payable semi-annually.
Y. Shinkle was president of the Kenton Insurance Company, the appellant, from the time of its organization, under its charter, by an act of the Legislature of this State approved the 13th of February, 1867, until some…
2Cases cited5 opinions
- Thelusson v. SmithSupreme Court of the United States · 1817
- Robert Y. Brent, Surviving of Robert Brent, Use of the United States v. The President and Directors of the Bank of WashingtonSupreme Court of the United States · 1836
- The Mechanics Bank of Alexandria v. LOUISA & MARIA SETONSupreme Court of the United States · 1828
- Bank of America v. McNeilCourt of Appeals of Kentucky · 1873
- Connecticut Mutual Life Ins. v. ScottCourt of Appeals of Kentucky · 1884
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- Buckles v. CommonwealthCourt of Appeals of Kentucky · 1902
- Aldine Manufacturing Co. v. PhillipsMichigan Supreme Court · 1898
- Ferguson v. Venice Transportation Co.Missouri Court of Appeals · 1899
- Bancokentucky Co. v. WeilCourt of Appeals of Kentucky (pre-1976) · 1935
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