Scott v. Davis

In 1884 a corporation to continue twenty-five years and known as “The John Sterling Royal Remedy Company” was organized under the laws of Missouri to manufacture and sell medicines. The capital stock consisted of five hundred shares. The charter expired in 1900', but without any knowledge of such expiration on the part of any of the parties concerned in the. transactions herein discussed the company continued to do business until October, 1914. On October 8, 1912, one James W. Oldham owned four hundred and sixteen (416) shares of said capital stock and one Mary Weil owned the remaining…