Thomas v. Wentworth Hotel Co.
California Supreme Court
The facts are stated in the opinion of the court.
1Opinion of the CourtSloss, J.
The defendant Warner, a stockholder of the Wentworth Hotel Company, a corporation, appeals from a judgment against him for his proportionate share of the indebtedness of the corporation evidenced by two promissory-notes executed, and by their terms payable, in this state. The appeal is on the judgment-roll alone.
The appellant contends that each of the two counts is defective in failing to allege the number of shares of stock of the corporation which had been subscribed. Since the liability of each stockholder is measured by the proportion which his stock bears to the “whole of the subscribed…
2Cases cited7 opinions
- Pinney v. NelsonSupreme Court of the United States · 1901
- Kimball v. Richardson Kimball Co.California Supreme Court · 1896
- Knowles v. SandercockCalifornia Supreme Court · 1895
- Peck v. NoeeCalifornia Supreme Court · 1908
- Bidwell v. BabcockCalifornia Supreme Court · 1890
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3Cited by18 opinions
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- Greb v. Diamond International Corp.California Supreme Court · 2013
- Tropico Land & Improvement Co. v. LambournCalifornia Supreme Court · 1915
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