Rollins v. Shaver Wagon & Carriage Co.

— The Shaver Wagon and Carriage Company is a corporation duly organized, which commenced its corporate existence on the ninth day of February, 1886. The articles of incorporation provide that it shall have the following powers, viz.: “To make contracts; to acquire by deed, lease, assignment or otherwise any property, both real and personal, and to transfer the same at its pleasure ; to mortgage or incumber any of its property; to sue and be sued by its corporate name, and in like manner do all other acts- and exercise all other powers necessary to be done or performed in and about the…