Smith v. Natchez Steamboat Co.
Mississippi Supreme Court
THIS action was brought by- the Natchez Steamboat Company against Calvin Smith, a stockholder, to recover certain in-stalments or requisitions made by the directors for a portion of the amount subscribed. In 1818, the company was organised, and the requisite amount of stock subscribed, of which the plaintiff in error took twenty shares.
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THIS action was brought by- the Natchez Steamboat Company against Calvin Smith, a stockholder, to recover certain in-stalments or requisitions made by the directors for a portion of the amount subscribed. In 1818, the company was organised, and the requisite amount of stock subscribed, of which the plaintiff in error took twenty shares. In 1819, the company was incorporated by an act of the legislature, by which it was among other things, enacted, that the company shall be governed by such constitution, by-laws, and resolutions as may have been, or should thereafter be passed for that purpose…
1Opinion of the CourtChief Justice Shamcey
This action was instituted in the circuit court of Adams county, by the Natchez Steamboat Company, a body corporate, to recover of the plaintiff in error, as a stockholder, certain instalments, or calls ¡hado by the directors, for a portion of the amount subscribed. Three verdicts have been found against him, and on the third trial several bills of exception were taken, which embrace the ■matters assigned as error.
It is first assigned as error that the court admitted G. Tichenor, S. Duncan, and P. M. Lapice, as witnesses for the plaintiff. It is shown by the bill of exceptions that two of…
2Cases cited3 opinions
- Owings v. SpeedSupreme Court of the United States · 1820
- Andover & Medford Turnpike Corp. v. GouldMassachusetts Supreme Judicial Court · 1809
- Weston v. AldenMassachusetts Supreme Judicial Court · 1811
3Cited by1 opinion
- Norton v. PhelpsMississippi Supreme Court · 1877