Kansas City Hotel Co. v. Harris
Supreme Court of Missouri
Appeal from Jackson Circuit Court. The appellant having subscribed to the stock of the corporation by its corporate name, and having subscribed ten additional shares after the increase of its capital stock, having voted for the increase and participated in the meeting for the increase, having acted as a director and voted for assessment on the increased stock, and having paid assessments so made after the increase of the capital stock, cannot question the legal existence of…
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Appeal from Jackson Circuit Court. The appellant having subscribed to the stock of the corporation by its corporate name, and having subscribed ten additional shares after the increase of its capital stock, having voted for the increase and participated in the meeting for the increase, having acted as a director and voted for assessment on the increased stock, and having paid assessments so made after the increase of the capital stock, cannot question the legal existence of the corporation, nor the validity of its acts in increasing its capital stock, nor in making assessments. (Aug. & Ames…
1Opinion of the CourtAdams, Judge
Tliis was an action to recover the last call on the stock subscribed by defendant to the capital stock of plaintiff.'
The plaintiff is a private corporation organized under Chap. 69, 1 W. S., 332, for the purpose of erecting and carrying on a hotel in the City of Kansas. The defendant was an original stockholder and corporator and is still one of them.
' The capital stock’ was originally $40,000 divided into shares of $100 each. The defendant subscribed for 40 shares or $4,000, afterwards the directors and stockholders — the defendant acting in both capacities — increased the stock of the…
2Cases cited3 opinions
- Ohio & Mississippi Railroad v. McPhersonSupreme Court of Missouri · 1864
- McDermott v. DoneganSupreme Court of Missouri · 1869
- Smith v. HeideckerSupreme Court of Missouri · 1866
3Cited by7 opinions
- Livesey v. Omaha Hotel Co.Nebraska Supreme Court · 1876
- Graebner v. PostWisconsin Supreme Court · 1903
- Rudd v. RuddMissouri Court of Appeals · 1929
- Schloss & Kahn v. Montgomery Trade Co.Supreme Court of Alabama · 1888
- Campbell v. Santa Maria Oil & Gas Co.California Supreme Court · 1908
2 more not listed; retrieve them via the Exa API.