Stainback v. Junk Bros.
Tennessee Supreme Court
FROM DAVIDSON. Appeal from Chancery Court of 'Davidson County. Thos. H. Malone, Ch.
1Opinion of the CourtWilkes, J.
This is a bill to have $50,000 of bonds, purporting to have been issued by the Junk Bros. Lumber & Mfg. Co., invalidated, and to have the trust deed made to secure the same, declared illegal and void for want of corporate authority to make it, for fraud, and defects apparent on the face of the trust.
The Chancellor denied the relief prayed, and the Court of Chancery Appeals affirmed his decree, and the cause is now before us on appeal of the as-signee of the company and general creditors. The *309Court of Chancery Appeals held that the original issue of the bonds was not authorized by any regular…
2Cited by10 opinions
- Webber v. State Farm Mutual Automobile Insurance Co.Tennessee Supreme Court · 2001
- Gage Lumber Co. v. McEldowneyCourt of Appeals for the Sixth Circuit · 1913
- Julian v. American Nat. BankCourt of Appeals of Tennessee · 1937
- State ex rel. Wood v. City of MemphisTennessee Supreme Court · 1974
- Bonham v. HarrisTennessee Supreme Court · 1911
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