Dillon v. Lee
Supreme Court of Iowa
Appeal from Dubuque District Court. — IíoN. J. L. Nested. Judge. Suit to set aside certain transfers of stock in a corporation known as the Dubuque Specialty Machine Works, and to recover of defendant Lee, for the benefit of the stockholders in said corporation, the sum of two thousand dollars, alleged to have been wrongfully appropriated by him while .acting as treasurer o'f the corporation.
Read the full summary
Appeal from Dubuque District Court. — IíoN. J. L. Nested. Judge. Suit to set aside certain transfers of stock in a corporation known as the Dubuque Specialty Machine Works, and to recover of defendant Lee, for the benefit of the stockholders in said corporation, the sum of two thousand dollars, alleged to have been wrongfully appropriated by him while .acting as treasurer o'f the corporation. There was a trial to the court, resulting in a decree dismissing the plaintiffs’ petition, and they appeal.
1Opinion of the CourtDeemer, J.
The Dubuque Specialty Machine Works . was organized as a corporation in the year 1891, with a capital stock of two hundred thousand dollars, represented by two thousand shares, of the piominal value of one hundred ■dollars each. One A. Eerris Smith was the promoter and ■organizer of the corporation, and after its organization he sold it a certain patent, in consideration of certain shares of •stock, and a contract which provided, among other things, that he should receive from the corporation the sum of ■fourteen thousand dollars from the first net earnings of the ■company. Plaintiff Dillon…
2Cases cited5 opinions
- O'Brien v. Chicago, Milwaukee & St. Paul Railway Co.Supreme Court of Iowa · 1894
- Muscatine Western R. R. v. HortonSupreme Court of Iowa · 1873
- Verein v. FunckSupreme Court of Iowa · 1865
- Howard v. McMillenSupreme Court of Iowa · 1897
- Hendrickson v. HendricksonSupreme Court of Iowa · 1879
3Cited by18 opinions
- Liken v. ShafferDistrict Court, N.D. Iowa · 1946
- Des Moines Bank & Trust Co. v. George M. Bechtel & Co.Supreme Court of Iowa · 1952
- Graham v. Dubuque Specialty Machine WorksSupreme Court of Iowa · 1908
- First National Bank v. Fireproof Storage Building Co.Supreme Court of Iowa · 1925
- Rossing v. State BankSupreme Court of Iowa · 1917
13 more not listed; retrieve them via the Exa API.