Legal Opinion

Jordan & Davis v. Annex Corp.

Supreme Court of Virginia

Decided June 10, 1909PublishedCited by 11 opinions

Appeal from a decree of the Circuit Court oi the city of Norfolk. Decree in part for defendants. Complainants appeal. In addition to the facts stated in the opinion of the court, it may be added that the Lowenherg Corporation owned one-half of the stock of the Pine Beach Corporation, and that the remaining one-half thereof was owned by one other person.

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Appeal from a decree of the Circuit Court oi the city of Norfolk. Decree in part for defendants. Complainants appeal. In addition to the facts stated in the opinion of the court, it may be added that the Lowenherg Corporation owned one-half of the stock of the Pine Beach Corporation, and that the remaining one-half thereof was owned by one other person. The defendants claim that one-half of the $5,000 rent would therefore go to the Lowenherg Corporation, and that the other half was given to it by the other stockholder of the Pine Beach Hotel Corporation as a bonus for procuring the lease of…

1Opinion of the CourtBuchanan, J.

Prior to March 11, 1901, W. G. Davis and K. E. Jordan, partners trading as Jordan & Davis, Garrett Smith and Benjamin Lowenherg obtained a charter of incorporation under the name of the Annex Corporation, for the purpose of conducting a hotel business. The firm of Jordan & Davis, Smith and Lowenherg each subscribed for five thousand dollars of its capital stock, which was fully paid up. Subsequently, each of the said shareholders made advances for the purpose of carrying on the business.

On the 11th of March, 1901, the Annex Corporation entered into an agreement -with the Pine Beach Hotel…

2Cases cited4 opinions

  1. Dickerman v. Northern Trust Co.Supreme Court of the United States · 1900
  2. Wilson v. HundleySupreme Court of Virginia · 1898
  3. Virginia Land Co. v. HauptSupreme Court of Virginia · 1894
  4. Central Land Co. v. ObenchainSupreme Court of Virginia · 1895

3Cited by11 opinions

  1. Reynolds Jamaica Mines, Ltd. v. La Societe Navale CaennaiseCourt of Appeals for the Fourth Circuit · 1956
  2. Millboro Lumber Co. v. Augusta Wood Products Corp.Supreme Court of Virginia · 1924
  3. United States v. Idlewild Pharmacy, Inc.District Court, E.D. Virginia · 1969
  4. Caribbean Steamship Company v. La Societe Navale CaennaiseDistrict Court, E.D. Virginia · 1956
  5. Parker v. BoyleIndiana Supreme Court · 1912

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