Jones & Dunn v. Latham
Supreme Court of Alabama
Appeal from the Chancery Court of Mobile. Heard before tlie Hon. IL Austill. The bill in this case was filed on tlie 16th January, 1880, by Lewis E. Latham, against William G-. Jones and William D. Dunn, tlie Mobile and Ohio Railroad Company, a domestic corporation, and Z. M. P. Inge; and sought to compel said railroad company to enter on its books a transfer of certain certificates of stock, which were originally issued in favor of Charles E. Rushing, and which the…
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Appeal from the Chancery Court of Mobile. Heard before tlie Hon. IL Austill. The bill in this case was filed on tlie 16th January, 1880, by Lewis E. Latham, against William G-. Jones and William D. Dunn, tlie Mobile and Ohio Railroad Company, a domestic corporation, and Z. M. P. Inge; and sought to compel said railroad company to enter on its books a transfer of certain certificates of stock, which were originally issued in favor of Charles E. Rushing, and which the complainant claimed by assignment from said Rushing; and to recognize the complainant as a stockholder in the company, by virtue…
1Opinion of the CourtStone, J.
Section 2013 of the Code of 1876 enacts, that “ when, by the charter, articles of association, or by-laws and regulations of an incorporated company, the transfer of the stock is required to be made upon the book or books of such company, no transfer of stock shall be valid, as against bona, fide creditors or subsequent purchasers, without notice, except from the time that such transfer shall have been registered or made upon the book or books of such company.” We have uniformly interpreted the words, ‘bona fide creditors,’ in statutes like this, to mean judgment creditors having a lien.…
2Cases cited7 opinions
- Preston & Stetson v. McMillanSupreme Court of Alabama · 1877
- Cockrell v. GurleySupreme Court of Alabama · 1855
- Daniel v. SorrellsSupreme Court of Alabama · 1846
- De Vendell v. Doe ex dem. HamiltonSupreme Court of Alabama · 1855
- Lucas v. OliverSupreme Court of Alabama · 1859
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3Cited by7 opinions
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- Birmingham Warehouse & Elevator Co. v. Elyton Land Co.Supreme Court of Alabama · 1890
- Voltz v. VoltzSupreme Court of Alabama · 1883
- Berney National Bank v. Pinckard, DeBardelaben & Co.Supreme Court of Alabama · 1888
- Fisher, Parker & Co. v. JonesSupreme Court of Alabama · 1886
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