Sproul v. Standard Plate Glass Co.
Supreme Court of Pennsylvania
Appeal, No. 62, Oct. T., 1901, by plaintiff, from judgment of O. P. Butler Co., Dec. T., 1899, No. 54, on case stated in suit of Henry Sproul, trading as Henry Sproul & Company v. Standard Plate Glass Company, a Corporation, James T. Hamilton, President, J. H. Trautman, Treasurer of said Company. Case stated in mandamus proceedings to compel transfer of stock.
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Appeal, No. 62, Oct. T., 1901, by plaintiff, from judgment of O. P. Butler Co., Dec. T., 1899, No. 54, on case stated in suit of Henry Sproul, trading as Henry Sproul & Company v. Standard Plate Glass Company, a Corporation, James T. Hamilton, President, J. H. Trautman, Treasurer of said Company. Case stated in mandamus proceedings to compel transfer of stock. Before Greer, P. J. The case stated was in substance as follows: 1. That the defendant is a manufacturing corporation chartered under the act of April 29,1874; that James T. Hamilton is president and J. H. Trautman is the treasurer…
1Opinion of the Court
Opinion by
Mr. Justice Mitchell,
The Act of June 24, 1895, P. L. 258, provides that upon a sale of stock in any company incorporated under the laws of this commonwealth “ in satisfaction of any debt for which it is pledged, the purchaser shall have the right to compel a transfer of such stock upon the.corporation books and the delivery of a proper certificate therefor.” Under this provision mandamus would seem prima facie to be an appropriate remedy to enforce a transfer, but as all objections to the form of the action are expressly waived in the present case stated we need not consider the…
2Cases cited3 opinions
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