Boulton Carbon Co. v. Mills
Supreme Court of Iowa
Appeal from Polk District Court. — Hon. W. E. Conrad, Judge. On the twenty-fourth day of September, 1885, the plaintiff recovered a judgment against a corporation, known as the “Pilcher Capital City Electric Light Company,” for three hundred and sixty-one dollars. Execution was issued upon said judgment, and it was returned unsatisfied, because the corporation had no property upon which to make a levy.
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Appeal from Polk District Court. — Hon. W. E. Conrad, Judge. On the twenty-fourth day of September, 1885, the plaintiff recovered a judgment against a corporation, known as the “Pilcher Capital City Electric Light Company,” for three hundred and sixty-one dollars. Execution was issued upon said judgment, and it was returned unsatisfied, because the corporation had no property upon which to make a levy. This action was brought to recover of the defendant, P. M. Mills, the amount of the judgment, interest and costs; and the right of action is based upon the averment that said defendant was one…
1Opinion of the CourtRothrook, J.
The corporation known as the “Pilcher Capital City Electric Light Company” was organized in September, 1883. The articles of incorporation, among other things, contained the following: “The capital stock shall be one hundred-thousand dollars, divided into shares of one hundred dollars each, which may be issued as full payment for patent rights, licenses, privileges, lands, machinery, and any and all valuable things that may be necessary for the promotion and development of the business of the corporation; and when said stock is issued it shall be fully paid *462up and non-assessable. All…
2Cases cited5 opinions
- Sawyer v. HoagSupreme Court of the United States · 1873
- Boynton v. . HatchNew York Court of Appeals · 1872
- Osgood & Moss v. KingSupreme Court of Iowa · 1876
- Jackson v. TraerSupreme Court of Iowa · 1884
- Singer, Nimick & Co. v. GivenSupreme Court of Iowa · 1883
3Cited by16 opinions
- Clark v. BeverSupreme Court of the United States · 1891
- Van Cleve v. BerkeySupreme Court of Missouri · 1898
- State Trust Co. v. TurnerSupreme Court of Iowa · 1900
- Richardson v. MerrittSupreme Court of Minnesota · 1898
- In re Royce Dry Goods Co.District Court, W.D. Missouri · 1904
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