Legal Opinion

Morrow v. Iron & Steel Co.

Tennessee Supreme Court

Decided February 3, 1889PublishedCited by 26 opinions

FROM DAVIDSON. Appeal from the Chancery Court of Davidson County. ANDREW Allison, Ch.

1Opinion of the CourtLurton, J.

The Hashville Iron, Steel & Charcoal Company is a manufacturing corporation, organized in 1887 under the general incorporation laws of this State. Complainant’s hill charges that it was organized upon the following scheme or basis, namely:

“ The capital stock was fixed • at $350,000, in shares of $100 each; the company was also to issuei $350,000 of $1,000 negotiable, interest-bearing coupon bonds, to run twenty years, secured, principal .and interest, by a first mortgage, in the usual form, upon the company’s plant. Every subscriber was to have bonds and also stock of the company, each to the…

2Cases cited2 opinions

  1. Scovill v. ThayerSupreme Court of the United States · 1882
  2. Sawyer v. HoagSupreme Court of the United States · 1873

3Cited by26 opinions

  1. Hamlin v. Toledo, St. L. & K. C. R.Court of Appeals for the Sixth Circuit · 1897
  2. Spencer v. SmithCourt of Appeals for the Eighth Circuit · 1912
  3. Weed v. Gainesville, Jefferson & Southern RailroadSupreme Court of Georgia · 1904
  4. Rickerson Roller-Mill Co. v. Farrell Foundry & Machine Co.Court of Appeals for the Sixth Circuit · 1896
  5. McCutcheon v. Merz Capsule Co.Court of Appeals for the Sixth Circuit · 1896

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