Parmelee v. Price
Illinois Supreme Court
Appeal from the Appellate Court for the First District;—heard in that court on appeal from the Superior Court of Cook county; the Hon. A. H. Chetlain, Judge, presiding. In May, 1890, the Interior Building Company was organized as a corporation under the laws of this State, with a capital stock of $125,000, The license to open books for subscription to the capital stock was issued to Vincent C. Price, Henry F. Vehmeyer and C. August Ebert.
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Appeal from the Appellate Court for the First District;—heard in that court on appeal from the Superior Court of Cook county; the Hon. A. H. Chetlain, Judge, presiding. In May, 1890, the Interior Building Company was organized as a corporation under the laws of this State, with a capital stock of $125,000, The license to open books for subscription to the capital stock was issued to Vincent C. Price, Henry F. Vehmeyer and C. August Ebert. Price subscribed for $48,000 of the capital stock, Vehmeyer for $32,000, and the remainder of the $125,000 was subscribed for by G. August Ebert, E. G.…
1Opinion of the CourtJustice Scott
This is an ordinary creditor’s bill, brought under section 49 of the Chancery act, by which it is sought to enforce the liability of Vincent C. Price and Henry F. Vehmeyer for unpaid subscriptions to stock in the Interior Building Company, a corporation, which is the principal defendant and against whom appellants had obtained judgments. '
Section 25 of chapter 32 of Hurd’s Revised Statutes of 1901 provides: “If any corporation or its authorized agents shall do, or refrain from doing any act which shall subject it to a forfeiture of its charter or corporate powers, or shall allow any execution…
2Cases cited11 opinions
- Ward v. FarwellIllinois Supreme Court · 1881
- Webster v. SteeleIllinois Supreme Court · 1874
- Bouton v. DementIllinois Supreme Court · 1887
- Cottrell v. ManloveSupreme Court of Kansas · 1897
- Keith v. HenklemanIllinois Supreme Court · 1898
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3Cited by46 opinions
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- Leslie George Wakat v. Peter F. Harlib, Irwin Haviland, Harold T. Thompsen, Thomas J. Murphy and Thomas v. LyonsCourt of Appeals for the Seventh Circuit · 1958
- Keithley v. Mutual Life InsuranceIllinois Supreme Court · 1916
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