Great Western Telegraph Co. ex rel. Bowen v. Purdy
Supreme Court of Iowa
Appeal from Des Moines District Court. — Hon. Chables H. Phelps, Judge. Action by the receiver of a corporation to recover against a stockholder an unpaid balance, due upon his subscription for stock. The case was tried without a .jury, and a judgment rendered for the defendant. The plaintiff appeals.
1Opinion of the CourtBeck, C. J.
1. Limitations ofactions: ooncorporate"0 S°instaiuable ments. I. On the sixteenth day of Febru.ary, 1869, the defendant subscribed for fifty shares of the capital stock of the Great Western Telegraph Company, organized under the laws of the state of Illinois, in May, 1868. The par value of each share of stock was twenty-five dollars. Payments of installments were made upon the stock. In 1874 a receiver of the telegraph company was appointed. In 1886 a decree was entered in an action in the circuit court of •Cook county, Illinois, ordering an assessment upon the stockholders for the unpaid…
2Cases cited8 opinions
- Prescott v. GonserSupreme Court of Iowa · 1872
- Baker v. Johnson CountySupreme Court of Iowa · 1871
- Hintrager v. HennessySupreme Court of Iowa · 1877
- Lower v. MillerSupreme Court of Iowa · 1885
- First Nat. Bank v. GreeneSupreme Court of Iowa · 1884
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3Cited by15 opinions
- Great Western Telegraph Co. v. PurdySupreme Court of the United States · 1896
- Wyman v. BowmanCourt of Appeals for the Eighth Circuit · 1904
- Mickel v. WalravenSupreme Court of Iowa · 1894
- Dean v. Iowa-Des Moines National Bank & Trust Co.Supreme Court of Iowa · 1938
- Union Sav. Bank of San Jose v. LeiterCalifornia Supreme Court · 1905
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