Ruggles v. Buckley & Douglas Lumber Co.
Michigan Supreme Court
Appeal from Manistee; Cutler (Hal L.), J. Bill by Charles F. Ruggles and another against the Buckley & Douglas Lumber Company, the Manistee Iron Works Company and others to enjoin the performance of an alleged ultra vires contract. From a decree dismissing the bill, plaintiffs appeal.
1Opinion of the CourtSharpe, J.
The plaintiff Ruggles is the owner of three-eighths of the stock of the defendant company, less one share held by Mr. Rademaker. The defendant Buckley owns the remaining five-eighths, less one share held by each of the other defendants. The corporation has been engaged in the business of manufacturing lumber since 1893, and since 1896 has manufactured salt in connection therewith. The relationship of Mr. Ruggles and Mr. Buckley has not been friendly for many years. They were copartners in the lumber business at the time the corporation was organized.
In 1910, the attorney general of this…
2Cases cited2 opinions
- Bewick v. Alpena Harbor Improvement Co.Michigan Supreme Court · 1878
- Attorney General ex rel. Ruggles v. Buckley & Douglas Lumber Co.Michigan Supreme Court · 1911
3Cited by1 opinion
- Bruun v. CookMichigan Supreme Court · 1937