Pullman v. Upton
Supreme Court of the United States
Erbob to the Circuit'Court of the United States for ,tbe Northern District of Illinois. 'This was assumpsit by Clark’ W. Upton, assignee in bankruptcy of the Great Western Insurance Company, against Albert B. Pullman, a stockholder in said company, to recover the balance remaining unpaid upon his stock.
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Erbob to the Circuit'Court of the United States for ,tbe Northern District of Illinois. 'This was assumpsit by Clark’ W. Upton, assignee in bankruptcy of the Great Western Insurance Company, against Albert B. Pullman, a stockholder in said company, to recover the balance remaining unpaid upon his stock. The capital stock of the company was originally $100,000, and it was, Aug.'22, 1870, by the alleged consent arid action of the stockholders, increased to $5,000,000. The company sustained heavy losses by the fire at Chicago, on the 8th and 9th of October, 1871; and it was duly adjudicated a…
1Opinion of the CourtJustice Stbong
The evidence to which the defendant below objected, and to the admission of which he took exception, was quite unimportant. Its object was to prove the existence of the corporation and the increase of the corporate stock. But the existence of the corporation' was admitted by the defendant’s plea of non assumpsit; and whether the corporate stock had been properly increased was a question the State only could raise. It is well settled, that, in a suit by a corporation,.a plea of the general issue admits the competency of the plaintiff to sue as such. The Society for the Propagation of the…
2Cases cited3 opinions
- Sanger v. UptonSupreme Court of the United States · 1875
- Society for the Propagation of the Gospel in Foreign Parts v. Town of PawletSupreme Court of the United States · 1830
- Wheelock v. KostIllinois Supreme Court · 1875
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- Handley v. StutzSupreme Court of the United States · 1891
- National Bank v. CaseSupreme Court of the United States · 1879
- Pauly v. State Loan & Trust Co.Supreme Court of the United States · 1897
- Matteson v. DentSupreme Court of the United States · 1900
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