Stone v. Vandalia Coal & Coke Co.
Appellate Court of Illinois
* Assumpsit, on contract of subscription to capital stock. Appeal from the Circuit Court of Fayette County; the Hon. Jacob Fouke, Judge, presiding. Heard in this court at the February term, 1895.
1Opinion of the CourtJustice Green
In the brief of appellant it is insisted the court erred in sustaining demurrers to the special pleas, presenting the following four issues: 1st. “ If appellee, as a corporation, obtained appellant’s subscription for shares of stock, on condition that a coal mine would be opened within the city limits of Vandalia, would an abandonment of their agreement to do so operate as a discharge of a subscriber who did not consent to such abandonment from liability upon his subscription as between the corporation itself and the subscriber?” 2d. “ Can a corporation make a valid assessment upon a…
2Cases cited4 opinions
- Bouton v. DementIllinois Supreme Court · 1887
- Melvin v. Lamar InsuranceIllinois Supreme Court · 1875
- Alling v. WenzelIllinois Supreme Court · 1890
- Alling v. WenzellAppellate Court of Illinois · 1890
3Cited by2 opinions
- Chicago, Springfield & St. Louis Railway Co. v. MartinAppellate Court of Illinois · 1928
- Merrick v. Consumers Heat & Electric Co.Appellate Court of Illinois · 1903