Webber v. Hovey
Michigan Supreme Court
Appeal from Ionia; Dodds, J., presiding. Bill by Andrew J. Webber, receiver of the Ionia Manufacturing Company, against Silas P. Hovey and others, to recover unpaid subscriptions to the capital stock of said corporation. From a decree dismissing the bill, complainant appeals.
1Opinion of the CourtLong, J.
The bill sets forth, in substance, that the Ionia Manufacturing Company was organized on of about the 29th day of November, 1882, for the purpose of manufacturing windmills and other articles, under an act entitled “An act for the incorporation of manufacturing companies,” and all acts amendatory thereto, being chapter 124, 1 How. Stat.; that the corporation continued to do a manufacturing business from the time of its incor*50poration until 1887, at which, time it became apparent to the stockholders that it would not be profitable to continue the business longer; that on the 17th day of May,…
2Cases cited4 opinions
- Scovill v. ThayerSupreme Court of the United States · 1882
- Terry v. TubmanSupreme Court of the United States · 1876
- Garesché v. LewisMissouri Court of Appeals · 1884
- Garesché v. LewisSupreme Court of Missouri · 1887
3Cited by2 opinions
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