Watson v. LeGrand Roller Skating Rink Co.
Illinois Supreme Court
Appeal from the Superior Court of Cook county; the Hon. Theodore Brentano, Judge, presiding. This is a proceeding begun on October 17, 1890, by William H. Watson and Amos H. Perkins, stockholders, to wind up and dissolve the LeGrand Roller Skating Rink Company, a corporation, and to collect and distribute its assets, under the provisions of section 25 of the statute in relation to corporations.
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Appeal from the Superior Court of Cook county; the Hon. Theodore Brentano, Judge, presiding. This is a proceeding begun on October 17, 1890, by William H. Watson and Amos H. Perkins, stockholders, to wind up and dissolve the LeGrand Roller Skating Rink Company, a corporation, and to collect and distribute its assets, under the provisions of section 25 of the statute in relation to corporations. The causes for dissolution charged in the bill are, that in June, 1886, the corporation ceased doing business, leaving debts unpaid; that the objects for which the company was organized had ceased to…
1Opinion of the CourtJustice Wilkin
It is urged on behalf of appellant, first, that the decree entered August 12, 1892, dissolving the corporation and appointing a receiver, was final, and that the court had no power to vacate it on August 16, 1898; and second, that the pleas filed by the corporation and stockholders July 24, 1896, present no defense to the merits of the bill.
The first contention is not well supported. While, in form, the decree of August 12, 1892, may have been final, the filing by the defendant of its petition for a rehearing at the same term at which the decree was rendered, and the cause being continued to…
2Cases cited2 opinions
- Hibbard v. MuellerIllinois Supreme Court · 1877
- People ex rel. Moloney v. General Electric Railway Co.Illinois Supreme Court · 1898
3Cited by10 opinions
- Turkovich v. Board of TrusteesIllinois Supreme Court · 1957
- Paine v. Copper Belle Mining Co.Arizona Supreme Court · 1911
- Stubbs v. City of AuroraAppellate Court of Illinois · 1911
- In re Dissolution of Packer City Tire & Rubber Co.South Dakota Supreme Court · 1917
- Weinberg v. LarsonAppellate Court of Illinois · 1934
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