May v. Memphis Branch Railroad
Supreme Court of Georgia
*Railroads. Charter. Stockholders. . Waiver. Before Judge Harvey. Floyd Superior Court. July Adjourned Term, 1872. For the facts of this case, see the decision.
1Opinion of the Court
Trippe, Judge.
The Memphis Branch Railroad Company brought suit against S. M. May for three installments of $100 00, which had been assessed on his subscription to the capital stock of the company. The defendant, amongst other defenses, pleaded:
1. That when his subscription was made, the charter of the company, approved October 10th, 1868, declared that the capital stock of said company shall be $500,000 00, in shares of $100 00 each, and that since his subscription was made, the company had procured the passage of an Act, approved Uecember 4th, 1871, amending the charter, which was injurious…
2Cases cited1 opinion
- Clark v. Monongahela Navigation Co.Supreme Court of Pennsylvania · 1840
3Cited by7 opinions
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- Johnson v. Tribune-Herald Co.Supreme Court of Georgia · 1923
- Atlanta Steel Co. v. MynahanSupreme Court of Georgia · 1912
- McKenzie v. Guaranteed Bond & Mortgage Co.Supreme Court of Georgia · 1929
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