Yeiser v. United States Board & Paper Co.
Court of Appeals for the Sixth Circuit
Appeal from the Circuit Court of the United States for the Southern .District of Ohio. The bill in this cause was filed in the circuit court by the United States Board & Paper Company, the appellee here, for the purpose of obtaining a decree annulling certain certificates of stock in the corporation complainant alleged to have been unlawfully obtained by Browne, Stuart, Bell, Province VI.
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Appeal from the Circuit Court of the United States for the Southern .District of Ohio. The bill in this cause was filed in the circuit court by the United States Board & Paper Company, the appellee here, for the purpose of obtaining a decree annulling certain certificates of stock in the corporation complainant alleged to have been unlawfully obtained by Browne, Stuart, Bell, Province VI. Pogue, and Thomas B. Pogue, the defendants named in the bill, two of whom — Browne, by representation of Yeiser, bis 'administrator, and Stuart — • are the present appellants. The bill also prayed for such…
1Opinion of the CourtSeverens, Circuit Judge
From the record it appears that in the latter part of June, 1896, the defendants Browne, Stuart, and Bell conceived the project of taking an option to purchase the paper-mill plant of the Leonard Paper-Box Board Company, hereinafter called the “Leonard Company,” located at Carthage, Ind., and organizing a company, obtaining stock subscriptions, and with the proceeds of such subscriptions buying the mill for the company at an advanced price, which would enable them to make a considerable profit. With this scheme in view, and for the purpose of carrying it out, Browne and Stuart, on July 17,…
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