Legal Opinion

Smith v. George T. Smith Manufacturing Co.

Michigan Supreme Court

Decided December 13, 1898PublishedCited by 1 opinion

Appeal from Jackson; Peck, J. Bill by George T. Smith against the George T. Smith Manufacturing Company, a corporation, and others, stockholders therein, to compel a contribution of capital and an accounting. The George T. Smith Mill Building Company, as a creditor of defendant corporation, petitioned for leave to intervene. From an order dismissing the petition on defendants’ demurrer thereto, petitioner appeals.

1Opinion of the CourtLong, J.

The bill of complaint in this cause was filed by George T. Smith, a stockholder, and also claiming to be a creditor, of the George T. Smith Manufacturing Company, a corporation organized under Act No. 232 of the Public Acts of 1885, and the acts amending the same. It is claimed by the bill that the capital stock of such company was $200,000, consisting of 20,000 shares, of the par value of $10 each, and that the articles of association were executed by Dwight S. Smith (who subscribed for 4,500 shares), Henry H. Smith (who subscribed for 3,000 shares), and the complainant (who subscribed for…

2Cases cited5 opinions

  1. Horn v. Volcano Water Co.California Supreme Court · 1859
  2. Lewis v. HarwoodSupreme Court of Minnesota · 1881
  3. Heap v. Heap Manufacturing Co.Michigan Supreme Court · 1893
  4. Welborn v. EskeyNebraska Supreme Court · 1888
  5. Riverside Iron Works v. HosmerMichigan Supreme Court · 1894

3Cited by1 opinion

  1. Surf's Up Legacy Partners, LLC v. Virgin Fest, LLCSuperior Court of Delaware · 2021

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