Snell v. Ives
Illinois Supreme Court
Appeal from the Circuit Court of McLean county; the Hon. Thomas F. Tiptom, Judge, presiding. This was an action of assumpsit, by Almond B. Ives, for the use of Samuel FT.
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Appeal from the Circuit Court of McLean county; the Hon. Thomas F. Tiptom, Judge, presiding. This was an action of assumpsit, by Almond B. Ives, for the use of Samuel FT. Young and Abner S. Bacus, against Thomas Snell, Abner Taylor, James Aiken and Thornton Snell, late partners under the name and style of Snell, Taylor & Co. The plaintiff’s claim originated as follows: The township of Bloomington had voted a subscription of $100,000 to the Lafayette, Bloomington- and Mississippi ¡Railroad Company. It appears that, in ¡November, 1870, Ives, as supervisor of the town, being also a director of…
1Opinion of the CourtJustice Dickey
The charge of fraud, made by appellants, is not sustained by the proof. The weight of the evidence leads to the belief that the Lafayette, Bloomington and Mississippi Railroad Company was indebted to appellee. It was also indebted to divers other creditors. Appellants seem, from the proofs, to have made an agreement with the railroad company, by which they bought all the property and credits of the corporation, and assumed to pay all its debts. The evidence fully sustains the verdict, and we find no good reason for disturbing the judgment.
The judgment of the court below is affirmed.
Judgment…
2Cited by13 opinions
- Searles v. City of FloraIllinois Supreme Court · 1906
- Follansbee v. JohnsonSupreme Court of Minnesota · 1881
- Austin v. SeligmanU.S. Circuit Court for the District of Southern New York · 1883
- State v. St. Louis & San Francisco Railway Co.Supreme Court of Missouri · 1894
- Fish v. First Nat. BankCourt of Appeals for the Ninth Circuit · 1907
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