Quilliam v. Hebbronville Utilities, Inc.
Court of Appeals of Texas
1Opinion of the Court
NORVELL, Justice.
The Hebbronville Utilities, Inc., is a Texas corporation capitalized at $20,000, represented by 200 shares of stock having a par value of $100 each. The company received its charter on January 28, 1936, and the original stock subscribers were, W. A. Dannelley, Roy Yaeger, Mrs. Clara Yae-ger, and W. R. Quilliam, each subscribing for SO shares of a par value of $5,000. W. R. Quilliam transferred his fifty shares to his wife, Gladys H. Quilliam, who was plaintiff below and appellant here.
The original by-laws of the corporation provided for cumulative vote. The bylaw provision…
2Cases cited3 opinions
- Farwell v. Babcock, AdministratrixCourt of Appeals of Texas · 1901
- St. Regis Candies, Inc. v. HovasTexas Supreme Court · 1928
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