National Foundry & Pipe Works, Ltd. v. Oconto City Water Supply Co.
Wisconsin Supreme Court
Appeal from a judgment of the circuit court for Oconto-county: S. D. Hastings, Jb., Circuit Judge. The Oconto Water Company,— a corporation organized to construct a system of waterworks in the city of Oconto, and to which, prior to the creation of the indebtedness hereafter mentioned, such city granted the usual franchise to construct, maintain, and operate such a system, to furnish water for public and private use in such city,— between September 8, 1890, and November…
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Appeal from a judgment of the circuit court for Oconto-county: S. D. Hastings, Jb., Circuit Judge. The Oconto Water Company,— a corporation organized to construct a system of waterworks in the city of Oconto, and to which, prior to the creation of the indebtedness hereafter mentioned, such city granted the usual franchise to construct, maintain, and operate such a system, to furnish water for public and private use in such city,— between September 8, 1890, and November 24,1890, became indebted to the plaintiff for pipe which was used in such construction in the sum of $25,637.32. September…
1Opinion of the CourtMaeshall, J.
Appellant’s counsel mainly rely on the proposition that where one corporation goes out of existence by being annexed to or merged in another, no arrangements *54being made respecting the payment of the liabilities of the former, the latter will be entitled to all the property and answerable for all the liabilities. That is familiar. No need exists to go outside this state for authority to support it. Knight v. Ashland, 61 Wis. 233. In that case, speaking of the devolution of liability of a town that had passed out of existence, upon an existing town to which the territory of the former had been…
2Cases cited27 opinions
- Reynolds v. StocktonSupreme Court of the United States · 1891
- Mount Pleasant v. BeckwithSupreme Court of the United States · 1880
- Durant v. Essex Co.Supreme Court of the United States · 1869
- Gumbel v. PitkinSupreme Court of the United States · 1888
- Swan Land & Cattle Co. v. FrankSupreme Court of the United States · 1893
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3Cited by9 opinions
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- Continental Oil Co. v. American Co-op. Ass'nWyoming Supreme Court · 1924
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