Shenandoah Valley Railroad v. Griffith
Supreme Court of Virginia
Four appeals beard together at Staunton, but decided at Bicbmond, from decrees of tbe circuit court of Clarke county rendered 18tb May, 1880, in two causes therein pending.
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Four appeals beard together at Staunton, but decided at Bicbmond, from decrees of tbe circuit court of Clarke county rendered 18tb May, 1880, in two causes therein pending. Tbe three appeals which are first named are from the decree on that day rendered in the chancery suit instituted by H. H. Crumblish for Joseph T. Griffith, to attach 5,000 shares of the stock of the Shenandoah Yalley Railroad Company, belonging to the Central Improvement Company, for a debt of $8,826.93 with interest, due plaintiff for work done as its sub-contractor, in the construction of sections Nos. 61 and 62 of the…
1Opinion of the CourtLewis, J.
In these causes the main controversy relates to 5,000 paid up shares of tbe capital stock of the Shenandoah Valley Railroad Company, certificates for which were issued by that company to the Central Improvement Company in 1874.
The Central Improvement Company is a corporation chartered by the laws of the State of Pennsylvania. The chief object of its creation, as its name implies, was the construction of works of internal improvement. By written agreement, dated the 9th day of August, 1870, it contracted with the Shenandoah Valley Railroad Company to *917construct its road from Shepherdstown, in…
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