Legal Opinion

Kaiser v. Lawrence Savings Bank

Supreme Court of Iowa

Decided April 23, 1881PublishedCited by 14 opinions

Appeal from Muscatine District Oowrt. Service in this case was made only upon the defendant Iloag. The plaintiff, in April, 1877, became a creditor of the Lawrence Savings Bank by reason of a deposit of money made by him in the bank, which bank was located and doing business in the city of Lawrence, Kansas.

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Appeal from Muscatine District Oowrt. Service in this case was made only upon the defendant Iloag. The plaintiff, in April, 1877, became a creditor of the Lawrence Savings Bank by reason of a deposit of money made by him in the bank, which bank was located and doing business in the city of Lawrence, Kansas. As such creditor' he seeks to recover of the defendant Hoag, upon the ground that the Lawrence Savings Bank was a partnership or unincorporated company, and that Hoag was a member of it. Hoag does not deny his ownership, but denies that the Lawrence Savings Bank was an unincorporated…

1Opinion of the Court

Adams, Ch. J.

i corporaSve^organizaoíOIs¿ockkoíders' The evidence tends to show that certain individuals attempted in good faith to become incorporated under the laws of Kansas for the purpose of dohig business as a savings bank, and subscribed for shares in the supposed corporation. Eor several years they did business as a savings bank,, rmder the supposition that they were duly incorporated. Prior to the time that plaintiff became a creditor of the bank, the defendant Hoag purchased an interest in the bank, and remained the owner of such interest from that time forward. The question…

2Cases cited4 opinions

  1. Bigelow v. GregoryIllinois Supreme Court · 1874
  2. Abbott v. Omaha Smelting & Refining Co.Nebraska Supreme Court · 1876
  3. Mokelumne Hill Canal & Mining Co. v. WoodburyCalifornia Supreme Court · 1859
  4. Hurt v. SalisburySupreme Court of Missouri · 1874

3Cited by14 opinions

  1. Harrill v. DavisCourt of Appeals for the Eighth Circuit · 1909
  2. Granby Mining & Smelting Co. v. RichardsSupreme Court of Missouri · 1888
  3. Johnson v. CorserSupreme Court of Minnesota · 1885
  4. Wechselberg v. Flour City Nat. BankCourt of Appeals for the Seventh Circuit · 1894
  5. Central National Bank of Junction City v. SheldonSupreme Court of Kansas · 1912

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