Sherman v. American Stove Co.
Michigan Supreme Court
Appeal from Wayne. (Reilly, J.) Bill to cancel a subscription to the capital stock of defendant corporation on the ground of fraud. Defendant Hurley appeals. The facts are stated in the opinion.
1Opinion of the CourtMorse, J.
The complainants filed their bill of complaint in this cause, alleging that they were induced to take 120 shares in the American Stove Company, and pay $3,000 therefor, by the misrepresentations of the defend-' ants.
The American Stove Company was a corporation organized July 22, 1887, and its articles of association, on file in the county clerk’s office of Wayne county, showed that the defendants John Hurley, John Conway, Thomas Conway, and Joseph McWilliams each held 120 shares of the stock of said company, and Jacob Buehrle 10 shares; that the authorized capital stock was 810 shares, at $25…
2Cited by8 opinions
- Edwards v. Michigan Tontine Investment Co.Michigan Supreme Court · 1902
- Hamilton v. American Hulled Bean Co.Michigan Supreme Court · 1906
- Cox v. National Coal & Oil Investment Co.West Virginia Supreme Court · 1907
- Smith v. FotoMichigan Supreme Court · 1938
- Carpenter v. GrahamMichigan Supreme Court · 1879
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