Vokes v. Eaton
Court of Appeals of Kentucky
Case 119 — Action by Charles E. Voices Against George F. Eaton and Others to Recover Money Procured to be Invested by Him by False and Fraudulent Representations. APPEAL FROM KENTON CIRCUIT COURT-WM. McD. SHAW, CIRCUIT JUDGE. Judgment for Defendant. Plaintiff Appeals. CLASSIFICATION UNDER RULE 17 OF THE COURT, OF THE QUESTIONS DISCUSSED. 1. A corporation can not be formed for the purpose of accomplishing a fraud or other illegal act.
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Case 119 — Action by Charles E. Voices Against George F. Eaton and Others to Recover Money Procured to be Invested by Him by False and Fraudulent Representations. APPEAL FROM KENTON CIRCUIT COURT-WM. McD. SHAW, CIRCUIT JUDGE. Judgment for Defendant. Plaintiff Appeals. CLASSIFICATION UNDER RULE 17 OF THE COURT, OF THE QUESTIONS DISCUSSED. 1. A corporation can not be formed for the purpose of accomplishing a fraud or other illegal act. Clark & Marshall on Private Corporations, volume 1, pages 22 and 248. McGrew v. City Produce Exchange S5 Tenn., 582. 2. To constitute a valid corporation, there…
1Opinion of the Court
Opinion of the court by
CHIEF JUSTICE HOBSON
Affirming.
The National Rond & Security Company, incorporated under the laws of South Dakota, was engaged in the business of - selling certain installment bonds, with coupons attached, and appellant invested §1,600 there*916in. Tlie appellees were officers and stockholders of the corporation. That company, . on the 10th of April, 1901, was merged in the National Bond. & Security Company, a corporation formed under the laws of the State of West Virginia, and this company shortly thereafter became insolvent, and was placed in the hands of a receiver.…
2Cited by7 opinions
- Republic Bank & Trust Company v. Bear Stearns & Company., Inc.Court of Appeals for the Sixth Circuit · 2012
- Johnson v. LoweryCourt of Appeals of Kentucky (pre-1976) · 1954
- McCoun v. NickellCourt of Appeals of Kentucky (pre-1976) · 1925
- McDaniel v. TarryCourt of Appeals of Kentucky (pre-1976) · 1929
- Lynch v. Dunn's AdministratorCourt of Appeals of Kentucky (pre-1976) · 1925
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