Bacon v. Pomeroy
Massachusetts Supreme Judicial Court
Bill in equity filed May 2, 1870, by William F. Bacon against Theodore Pomeroy, Robert Pomeroy, Henry Colt, and the executors of the will of William Pollock.
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Bill in equity filed May 2, 1870, by William F. Bacon against Theodore Pomeroy, Robert Pomeroy, Henry Colt, and the executors of the will of William Pollock. The bill alleged that said Pomeroys, Colt, Pollock in his lifetime, and the plaintiff, were owners of nine hundred and five shares in the capital stock of the Pittsfield Woollen Company, (a manufacturing corporation organized and established at Pitts-field under the general laws of this Commonwealth, and in accordance with the provisions of the St. of 1851, c. 133, and the acts in addition thereto, relating to corporations,) Pollock…
1Opinion of the CourtGray, J.
The agreement signed by the plaintiff and Pollock and their associates, upon which this bill is founded, recites that they have purchased and own all the stock in a manufacturing corporation established under the laws of the Commonwealth, that they desire and intend to continue the corporate organization, and have no purpose of exempting themselves from their individual liability for the debts of the company; and declares that they shall hold themselves liable jointly and severally as copartners to its creditors, and that such liability shall continue as to each so long as he shall continue a…
2Cases cited4 opinions
- Burwell v. CawoodSupreme Court of the United States · 1844
- Marcy v. ClarkMassachusetts Supreme Judicial Court · 1821
- Lexington & Danville Railroad v. BarbeeCourt of Appeals of Kentucky · 1858
- Sykes v. MeachamMassachusetts Supreme Judicial Court · 1869
3Cited by15 opinions
- Richmond v. IronsSupreme Court of the United States · 1887
- Cunningham v. Commissioner of BanksMassachusetts Supreme Judicial Court · 1924
- Phillips v. BlatchfordMassachusetts Supreme Judicial Court · 1884
- Marvel v. PhillipsMassachusetts Supreme Judicial Court · 1894
- Spelman v. TalbotMassachusetts Supreme Judicial Court · 1878
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