Skrainka v. Allen
Missouri Court of Appeals
Appeal from St. Louis Circuit Court. The liability o'f the stockholder .becomes fixed when the execution against the corporation is returned nulla bona. — Nixon v. Green, 11 Exch. 550 ; McLaren v. Franciscas, 43 Mo. 452 ; Miller v. Go'eat Republic, 50 Mo. 55.
1Opinion of the CourtLewis, P. J.
Plaintiffs filed their motion for an execution against the defendant, Gerard B. Allen, as a stockholder in the Illinois and St. Louis Bridge Company, holding unpaid stock, to satisfy a judgment against the corporation for $10,420.21, with interest at eight per cent from November 12, 1875, and costs.
The authorized capital stock of the Bridge Company was $4,000,000, in shares of $100 each. In the early part of the year 1870, $3,000,000 had been subscribed for, on which forty per cent had been paid in cash. This stock .commanded a premium in the market. It appears to have been believed at that…
2Cases cited5 opinions
- Sawyer v. HoagSupreme Court of the United States · 1873
- Railroad Co. v. HowardSupreme Court of the United States · 1869
- McClaren v. FranciscusSupreme Court of Missouri · 1869
- Miller v. Great Republic InsuranceSupreme Court of Missouri · 1872
- Provident Savings Institution v. Jackson Place Skating & Bathing RinkSupreme Court of Missouri · 1873
3Cited by12 opinions
- Skrainka v. AllenSupreme Court of Missouri · 1882
- Chrisman-Sawyer Banking Co. ex rel. Simpson v. Independence Wool Manufacturing Co.Supreme Court of Missouri · 1902
- Garetson Lumber Co. v. HinsonOregon Supreme Court · 1914
- Williams v. ScullinMissouri Court of Appeals · 1894
- Keystone Bridge Co. v. McCluneyMissouri Court of Appeals · 1880
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