Hilliard v. Allegheny Geometrical Wood Carving Co.
Supreme Court of Pennsylvania
Appeal, No. 150, Oct. T., 1895, by plaintiffs from decree of C. P. No. 3, Allegheny Co., February Term, 1892, No. 589, dismissing bill in equity. Bill in equity for a receiver and to compel certain of the defendants to repay to complainants moneys which were alleged to have been paid for stock upon the faith of representations made by defendants.
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Appeal, No. 150, Oct. T., 1895, by plaintiffs from decree of C. P. No. 3, Allegheny Co., February Term, 1892, No. 589, dismissing bill in equity. Bill in equity for a receiver and to compel certain of the defendants to repay to complainants moneys which were alleged to have been paid for stock upon the faith of representations made by defendants. The case was referred to Thomas Patterson, Esq., who found the facts to be as follows: The Allegheny Geometrical Wood Carving Company was incorporated on January 28, 1889, with a capital stock of $200,000 in 4000 shares of $50.00 each. Dr. Goehring…
1Opinion of the Court
Per Curiam,
The facts of this case, as they were correctly found by the learned master from an impartial review of all the testimony, as well as his conclusions of law, are fully set forth in his clear and satisfactory report approved by the court below, and need not be repeated here.
His findings of fact, as to the plaintiffs’ laches and acts of ratification, and the legal conclusions properly drawn therefrom, completely eliminate from the case all questions of fraud or misrepresentation. He correctly held that it was the duty oi the plaintiffs, after they had knowledge of the alleged…
2Cases cited3 opinions
- Leaming v. WiseSupreme Court of Pennsylvania · 1873
- Morgan v. McKeeSupreme Court of Pennsylvania · 1875
- Howard v. TurnerSupreme Court of Pennsylvania · 1893
3Cited by13 opinions
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- Corporation Funding & Finance Co. v. StoffregenSupreme Court of Pennsylvania · 1919
- Horn v. WitherspoonSupreme Court of Pennsylvania · 1937
- Spiegelberg v. KarrSuperior Court of Pennsylvania · 1904
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