Reid v. Detroit Ideal Paint Co.
Michigan Supreme Court
Error to Wayne; Erazer, J. Assumpsit'by William Reid against the Detroit Ideal Paint Company for goods sold and delivered, in which defendant sets off a claim based upon a subscription to its capital stock. From a judgment for plaintiff, defendant brings error.
1Opinion of the CourtHooker, C. J.
On January 1, 1896, a concern going under the name of the Detroit Ideal Paint Company was doing business in Detroit. It was conducted by one Fuller. It was held out to be a corporation with $12,000 capital, of which Fuller, his wife, and brother-in-law held all of the shares of stock. It was in the habit of filing annual reports, as required by law of corporations. We discover nothing in the record to indicate that it was not a corporation legally organized. Fuller appears to have had full charge and control of its affairs, the other stockholders having nominal interests. Reid, the plaintiff,…
2Cases cited10 opinions
- Chubb v. UptonSupreme Court of the United States · 1877
- Pullman v. UptonSupreme Court of the United States · 1878
- Methodist Episcopal Union Church v. . PickettNew York Court of Appeals · 1859
- Tarbell v. PageIllinois Supreme Court · 1860
- International Fair & Exposition Ass'n v. WalkerMichigan Supreme Court · 1890
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3Cited by3 opinions
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