Bridges v. Southern Bell Telephone &c. Co.
Supreme Court of Georgia
Petition for injunction. Before Judge Frank Park. Decatur superior court. August 16, 1910. Tbe Bainbridge Telephone Company was incorporated by the superior court of Early county, on December 23, 1904. It constructed and operated a telephone system in the city of Bainbridge and in the towns of Brinson and Climax, all located in Decatur county. The physical properties of the company were incumbered by two mortgages.
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Petition for injunction. Before Judge Frank Park. Decatur superior court. August 16, 1910. Tbe Bainbridge Telephone Company was incorporated by the superior court of Early county, on December 23, 1904. It constructed and operated a telephone system in the city of Bainbridge and in the towns of Brinson and Climax, all located in Decatur county. The physical properties of the company were incumbered by two mortgages. On January 13, 1910, the Bainbridge Telephone Company sold and transferred by deed its physical properties to the Southern Bell Telephone and Telegraph Company, which immediately…
1Opinion of the CourtEvans, P. J.
(After stating the facts.) Two reasons are advanced for denying the plaintiff the relief which he seeks; one is that he was not a stockholder, and the other that he is estopped by his conduct from attacking the sale. We will pretermit any discussion of the evidence relied on to show a sale of his stock, because the plaintiff never parted with his stock certificate, and declined to receive the purchase-price. Whether he violated his contract to sell his stock, or whether the purchaser failed to comply with the terms of sale, may be passed by; as the stock certificate with its transfer was…
2Cases cited1 opinion
- Alexander v. SearcySupreme Court of Georgia · 1889
3Cited by4 opinions
- Mountain Manor Co. v. GreenoeSupreme Court of Georgia · 1949
- Griffin v. HadenSupreme Court of Georgia · 1931
- Norris v. OsburnSupreme Court of Georgia · 1979
- Bridges v. Southern Bell Telephone & Telegraph Co.Court of Appeals of Georgia · 1913