Legal Opinion

Forest Glen Brick & Tile Co. v. Gade

Appellate Court of Illinois

Decided December 6, 1894PublishedCited by 4 opinions

Memorandum.—Proceedings in chancery. In the Circuit Court of Cook County; the Hon. Lorin C. Collins, Judge, presiding. Bill to windup a corporation and to distribute its assets among its creditors. The First National Bank of Bucyrus made a party upon its intervening petition as a judgment creditor; answers and replications; decree; error by the Forest Glen Brick and Tile Co., and others. Heard in this court at the March term, 1894.

1Opinion of the CourtJustice Shepard

delivebed the opinion op the Coubt.

This was a proceeding to wind up an insolvent corporation and collect its assets, including certain unpaid stock subscriptions alleged to be owing from subscribers to the capital stock of the corporation, who were made defendants, and pay its debts.

As originally subscribed, the capital stock of the corporation was $100,000.

All needful preliminary steps having been taken, a certificate of the complete organization of the corporation was issued by the secretary of state, on June 26, 1884. Such final certificate was not, however, filed in the office of the…

2Cases cited3 opinions

  1. Beach v. MillerIllinois Supreme Court · 1889
  2. Bushnell v. Consolidated Ice Machine Co.Illinois Supreme Court · 1891
  3. Loverin v. McLaughlinAppellate Court of Illinois · 1892

3Cited by4 opinions

  1. Todd v. Temple Hospital Assn., Inc.California Court of Appeal · 1928
  2. Kleinsasser v. McNamaraCalifornia Court of Appeal · 1933
  3. Gade v. Forest Glen Brick & Tile Co.Illinois Supreme Court · 1896
  4. Hoyt v. McCallumAppellate Court of Illinois · 1902

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