Clark v. Turner
Supreme Court of Georgia
Corporations. Comity of States. Assignee.- Actions. 'Torts. Before Judge Lawson. Eloyd Superior Court. September Term, 1883. The Grangers’ Life and Health Insurance Company brought suit against J. W. Turner and Abner Echols for .'$250.00, as an assessment of ten per cent on a stock subscription of $2j500.00, on which $250.00 was paid and a mote given for the balance of $2,250.00, dated August 10, ;1875, payable on demand without interest, “in part consideration for…
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Corporations. Comity of States. Assignee.- Actions. 'Torts. Before Judge Lawson. Eloyd Superior Court. September Term, 1883. The Grangers’ Life and Health Insurance Company brought suit against J. W. Turner and Abner Echols for .'$250.00, as an assessment of ten per cent on a stock subscription of $2j500.00, on which $250.00 was paid and a mote given for the balance of $2,250.00, dated August 10, ;1875, payable on demand without interest, “in part consideration for twenty-fivo shares of the capital stock of ¡said company, subscribed for by John W. Turner, subject to the conditions and…
1Opinion of the Court
Jackson, Chief Justice.
This suit was brought by the Grangers’ Life and Health Insurance Company of the United States of America, a corporation created by virtue of the laws of the state of Alabama, against John W. Turner, for the recovery of a ten per cent installment called for on a promissory note for stock therein. The defendant set up by plea that the corporation was permitted by the laws of Alabama to issue stock only to the amount of one hundred thousand dollars, which had been exhausted by the issue of stock to that amount prior to his subscription, and therefore the issue *4of more…
2Cases cited3 opinions
- Scovill v. ThayerSupreme Court of the United States · 1882
- Turner v. Grangers' Life & Health InsuranceSupreme Court of Georgia · 1880
- Hamilton v. Grangers' Life & Health InsuranceSupreme Court of Georgia · 1880
3Cited by6 opinions
- Galbraith v. McDonaldSupreme Court of Minnesota · 1913
- Marion Trust Co. v. BennettIndiana Supreme Court · 1907
- Bugg v. Consolidated Grocery Co.Supreme Court of Georgia · 1923
- Murray v. MillerSupreme Court of Georgia · 1923
- Laredo Imp. Co. v. StevensonCourt of Appeals for the Eighth Circuit · 1895
1 more not listed; retrieve them via the Exa API.