Wright Bros. v. Merchants & Planters Packet Co.
Mississippi Supreme Court
Appeal from the circuit court of Warren county. Hon. H. C. Mounger, Judge. Suit by tbe Merchants & Planters Packet Company against "Wright Brothers. Prom a judgment for plaintiff, defendant appeals. Certain business men of the city of Vicksburg undertook the organization of a packet company for the purpose of plying a steamboat on the Yazoo river, in order to secure better service and rates.
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Appeal from the circuit court of Warren county. Hon. H. C. Mounger, Judge. Suit by tbe Merchants & Planters Packet Company against "Wright Brothers. Prom a judgment for plaintiff, defendant appeals. Certain business men of the city of Vicksburg undertook the organization of a packet company for the purpose of plying a steamboat on the Yazoo river, in order to secure better service and rates. The promotion of the undertaking was in the hands of C. J. Searles and others,, who secured subscription to the capital stock of the‘company. Searles. approached C. Gr. Wright, of the firm of Wright…
1Opinion of the CourtSmith, C. J.
Appellee instituted this suit in the court below to recover from appellants the sum of five hundred dollars, alleged to have been subscribed by them to its capital stock prior to its organization. In addition to the general *510issue, appellants filed several special pleas, one of which, set up that they had withdrawn their subsohiption to the capital stock of appellee, and notified the promoters thereof, prior to appellee’s organization as a corporation, to which plea a demurrer was interposed and sustained. This demurrer should have been overruled, for the reason that, in the absence of a…
2Cases cited3 opinions
- Hudson Real Estate Co. v. TowerMassachusetts Supreme Judicial Court · 1892
- Bryant's Pond Steam Mill Co. v. FeltSupreme Judicial Court of Maine · 1895
- Planters & Merchants Independent Packet Co. v. WebbSupreme Court of Alabama · 1908
3Cited by5 opinions
- Belcher v. Birmingham Trust National BankDistrict Court, N.D. Alabama · 1968
- May v. StateMississippi Supreme Court · 1961
- Barry v. MattocksMississippi Supreme Court · 1930
- Coleman Hotel Co. v. CrawfordCourt of Appeals of Texas · 1927
- Coleman Hotel Co. v. CrawfordCourt of Appeals of Texas · 1927