Legal Opinion

Wood v. Lost Lake Manufacturing Co.

Oregon Supreme Court

Decided March 4, 1890PublishedCited by 14 opinions

Wasco County. Defendant appeals. The Lost Lake & Columbia Manufacturing Company, a corporation organized under the laws of this state, on or about the twenty-third day of September, 1887, made a general assignment for the benefit of its creditors.

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Wasco County. Defendant appeals. The Lost Lake & Columbia Manufacturing Company, a corporation organized under the laws of this state, on or about the twenty-third day of September, 1887, made a general assignment for the benefit of its creditors. The corporation was organized about the first day of September, 1883, for the purposes of constructing and maintaining a canal and flume for a waterpower, and of building and operating a mill to manufacture lumber at Hood River, Wasco County. It thereupon engaged in the enterprise and business for which it was organized, and prosecuted the same…

1Opinion of the CourtThayer, C. J.

The appellant’s counsel urged at the hearing two points with much force and reason: First, that the board of directors of the insolvent corporation having fixed and allowed the appellant’s compensation for services as president of the board for the time charged, — @150 a month for the previous thirty-two months, — the allowance so made was conclusive upon the exceptors; second, that the uncontroverted testimony given on the part of the appellant at the trial proved as a matter of law that he was entitled to such allowance, and that it was error on the part of the jury to find thereon that he…

2Cases cited2 opinions

  1. New York & New Haven Railroad v. KetchumSupreme Court of Connecticut · 1858
  2. Cheeney v. Lafayette, Bloomington & Mississippi Railway Co.Illinois Supreme Court · 1873

3Cited by14 opinions

  1. McConnell v. Combination Mining & Milling Co.Montana Supreme Court · 1904
  2. National Loan & Investment Co. v. Rockland Co.Court of Appeals for the Eighth Circuit · 1899
  3. Doe v. Northwestern Coal & Transportation Co.U.S. Circuit Court for the District of Oregon · 1896
  4. Mitchell v. HolmanOregon Supreme Court · 1897
  5. Kleinschmidt v. American Mining Co.Montana Supreme Court · 1914

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