Noble v. Gadsden Land & Improvement Co.
Supreme Court of Alabama
Appeal from tbe Chancery Court of Etowah. Heard before the Hon. JR. B. Kelly. The bill in this case was filed by the appellants, John H. Noble and others, against the Gadsden Land & Improvement Company and several stockholders of said company. The purpose of the bill and the facts of the case necessary to an understanding of the decision on the present appeal are sufficiently stated in the opinion.
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Appeal from tbe Chancery Court of Etowah. Heard before the Hon. JR. B. Kelly. The bill in this case was filed by the appellants, John H. Noble and others, against the Gadsden Land & Improvement Company and several stockholders of said company. The purpose of the bill and the facts of the case necessary to an understanding of the decision on the present appeal are sufficiently stated in the opinion. The appeal is prosecuted from a final decree of the chancellor denying the relief prayed for and ordering the bill dismissed for the want of equity; and the rendition of this decree is assigned as…
1Opinion of the CourtTyson, J.
The bill in this cause after amendment is the complaint of three stockholders owning in the aggregate twenty-eight hundred shares of the capital stock of the respondent corporation, and prays to have the corporation dissolved and its assets, which consist of six hundred acres of land, sold and its proceeds distributed among' the stockholders, for general relief, etc. The corporation is a private trading one and has a capital of two millions, five hundred thousand dollars ($2,500,000) divided into twenty-five thousand (25,000) shares of the par value of one hundred dollars ($100) each. The…
2Cases cited6 opinions
- Morton & Bliss v. New Orleans & Selma Railway Co.Supreme Court of Alabama · 1885
- Merchants & Planters Line v. WaganerSupreme Court of Alabama · 1882
- Price v. HolcombSupreme Court of Iowa · 1893
- McKleroy v. Gadsden Land & Improvement Co.Supreme Court of Alabama · 1899
- Elyton Land Co. v. DowdellSupreme Court of Alabama · 1896
1 more not listed; retrieve them via the Exa API.
3Cited by26 opinions
- Belcher v. Birmingham Trust National BankDistrict Court, N.D. Alabama · 1968
- Henry v. IdeSupreme Court of Alabama · 1922
- Alabama Fidelity Mort. & Bond Co. v. DubberlySupreme Court of Alabama · 1916
- Tampa Water Works Co. v. WoodsSupreme Court of Florida · 1929
- Gettinger v. HeaneySupreme Court of Alabama · 1930
21 more not listed; retrieve them via the Exa API.