Legal Opinion

State Bank v. Pope

Appellate Court of Illinois

Decided March 12, 1913No. Gen. No. 5,708PublishedCited by 1 opinion

Appeal from the Circuit Court of Rock Island county; the Hon. Frank D. Ramsay, Judge, presiding. Heard in this court at the October term, 1912. Certiorari denied by Supreme Court (making opinion final).

1Opinion of the CourtJustice Carres

A bill was filed in the Circuit Court of Bock Island county, April 22, 1912, against Charles H. Pope, A. E. Montgomery and Burton F. Peek, three directors of the Midland Motor Company, an Illinois corporation (which corporation was also made defendant), by the State Bank of Bock Island on behalf of the complainant and all other creditors of said corporation to charge the defendants, Pope, Montgomery and Peek, for the debts of the corporation under section 16, of our “Corporations Act” which provides “If the indebtedness of any stock corporation shall exceed the amount of its capital stock,…

2Cases cited7 opinions

  1. Press v. WoodleyIllinois Supreme Court · 1896
  2. Lyman v. Northern Pac. Elevator Co.U.S. Circuit Court for the District of Minnesota · 1894
  3. Meyers v. PhillipsIllinois Supreme Court · 1874
  4. Wolverton v. George H. Taylor & Co.Illinois Supreme Court · 1895
  5. Snell v. CheneyIllinois Supreme Court · 1878

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3Cited by1 opinion

  1. Balchunas v. NovickiAppellate Court of Illinois · 1930

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