Wechselberg v. Flour City Nat. Bank
Court of Appeals for the Seventh Circuit
In Error to the Circuit Court of the United States'for the Eastern District of Wisconsin. Action by the Flour City ¡National Bank against Julius Wechsel-.berg, Ernest S. Moe, and Charles H. Williams. Plaintiff obtained judgment. Defendant Wechselberg brings error.
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In Error to the Circuit Court of the United States'for the Eastern District of Wisconsin. Action by the Flour City ¡National Bank against Julius Wechsel-.berg, Ernest S. Moe, and Charles H. Williams. Plaintiff obtained judgment. Defendant Wechselberg brings error. This is an action at law by the Flour City National Bank against Julius Wechselberg (plaintiff in error). Ernest S. Moe, and Charles H. Williams, as defendants below, for recovery of the amount due upon a promissory note for $3,000, dated September 18, 1889, made by the Northwestern Collection Company to the Northwestern Collection,…
1Opinion of the CourtSeaman, District Judge
(after stating the facts as above). The plaintiff in error w7as held by the circuit court to be jointly liable with the other defendants below for the indebtedness contracted by their assumed corporation, the Northwestern Collection Company, in the absence of any capital stock. This liability was based upon the facts found in his relation and conduct as a cor-porator, and the court did not undertake to determine at the trial whether it arose under the statute or at common law. Corporations are entirely the creatures of statute, and, when duly formed, one of their chief characteristics,…
2Cases cited26 opinions
- Upton v. TribilcockSupreme Court of the United States · 1875
- MINOR v. the Mechanics Bank of AlexandriaSupreme Court of the United States · 1828
- Whitney v. WymanSupreme Court of the United States · 1880
- Flash v. ConnSupreme Court of the United States · 1883
- Hospes v. Northwestern Manuf'g & Car Co.Supreme Court of Minnesota · 1892
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3Cited by11 opinions
- Harrill v. DavisCourt of Appeals for the Eighth Circuit · 1909
- Crouch v. GrayTennessee Supreme Court · 1926
- American Radiator Co. v. KinnearWashington Supreme Court · 1909
- Andrews v. National Foundry & Pipe Works, Ltd.Court of Appeals for the Seventh Circuit · 1897
- Central National Bank of Junction City v. SheldonSupreme Court of Kansas · 1912
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