Meyer v. American Folding Chair Co.
Supreme Court of Missouri
Appeal from the St. Louis City Circuit Court. — Hon. James E. Withrow, Judge. (1) The American Folding Chair Company was, on the sixteenth day of October, 1890, a “going concern,” employing over fifty hands, actively engaged in the prosecution of its legitimate manufacturing business, and in full and undisturbed control of its property, unaffected by any liens or judicial proceedings. First.
Read the full summary
Appeal from the St. Louis City Circuit Court. — Hon. James E. Withrow, Judge. (1) The American Folding Chair Company was, on the sixteenth day of October, 1890, a “going concern,” employing over fifty hands, actively engaged in the prosecution of its legitimate manufacturing business, and in full and undisturbed control of its property, unaffected by any liens or judicial proceedings. First. A manufacturing corporation, in Missouri, “is a going concern, in contemplation of law, so long as the property of the company remains in its possession, unaffected by liens or process of law.” Alberger…
1Opinion of the CourtBtjbg-ess, J.
The American Folding Chair Company was a corporation, engaged in the city of St. Louis in the manufacture and sale of toys, settees and chairs, under letters patent of which it was the owner. Its authorized capital stock was $50,000; $35,000 of which had been paid in.
In July and August, 1890, the company determined to add a wholesale and retail lumber business to its manufactory business. The company did its banking business principally with the defendant, the American Exchange Bank, depositing its moneys and having its notes discounted there. From about July to October 16, 1890, the company…
2Cases cited5 opinions
- Foster v. Mullanphy Planing Mill Co.Supreme Court of Missouri · 1887
- Alberger v. National Bank of CommerceSupreme Court of Missouri · 1894
- Waggoner-Gates Milling Co. v. Ziegler-Zaiss Commission Co.Supreme Court of Missouri · 1895
- La Grange Butter Tub Co. v. National Bank of CommerceSupreme Court of Missouri · 1894
- Larrabee v. Franklin BankSupreme Court of Missouri · 1893
3Cited by7 opinions
- Long v. LongSupreme Court of Missouri · 1897
- Levering v. BimelIndiana Supreme Court · 1897
- Shields v. HobartSupreme Court of Missouri · 1903
- Hall v. GoodnightSupreme Court of Missouri · 1897
- United States v. PayneCourt of Appeals for the Ninth Circuit · 1934
2 more not listed; retrieve them via the Exa API.