Martin v. South Salem Land Co.
Supreme Court of Virginia
Appeal from a decree of the Circuit Court of Roanoke county, rendered April 9, 1898, in several chancery suits heard together (see styles of suits 94 Va. 16), in most of which the appellants severally were the complainants, and the South Salem Land Co. was a defendant.
1Opinion of the CourtBuchanan, J.
The first error assigned is that the Circuit Court had no right to enter a decree against the defendants for the thirty per cent. additional assessment upon the capital stock of the company, but should have directed its receivers to sue at law under the Act of Assembly approved December 22, 1897. Acts of Assembly 1897-8, p. 16.
Section 1 of that act provides that “ all suits or motions for the recovery of unpaid subscriptions to the stock of any joint stock company shall be brought in the courts of common law of this Commonwealth, in the county or corporation where the defendant resides, if he…
2Cases cited4 opinions
- Horton v. BondSupreme Court of Virginia · 1877
- Godfrey v. TerrySupreme Court of the United States · 1878
- Wytheville Crystal Ice & Dairy Co. v. Frick Co.Supreme Court of Virginia · 1898
- Patteson v. Chesapeake & Ohio Railway Co.Supreme Court of Virginia · 1896
3Cited by5 opinions
- Johnson v. MerrittSupreme Court of Virginia · 1919
- McClanahan's Administrator v. Norfolk & Western Railway Co.Supreme Court of Virginia · 1916
- Turner v. HollowayCourt of Appeals of Virginia · 1926
- Harrison v. ThomasSupreme Court of Virginia · 1905
- Slaughter v. CommonwealthSupreme Court of Virginia · 1856