Illges v. Dexter
Supreme Court of Georgia
Equity. Fraud. Before Judge Willis. Muscogee Superior Court. May Term, 1884. Abraham Illges filed bis bill against Armory E. Dexter alleging, in brief, as follows: The North and South Railroad was incorporated in 1870 to run from Columbus to Rome.
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Equity. Fraud. Before Judge Willis. Muscogee Superior Court. May Term, 1884. Abraham Illges filed bis bill against Armory E. Dexter alleging, in brief, as follows: The North and South Railroad was incorporated in 1870 to run from Columbus to Rome. Under the act of incorporation, the state endorsed bonds of the company to the extent of $240,000.00, but the company, after haying partially constructed the road, failed to pay the interest on the bonds; and being in default, the governor, being authorized to do so, sold the railroad. It was purchased by complainant and others, and they were put in…
1Opinion of the Court
Jackson, Chief Justice.
This bill was brought to compel an agent entrusted with the sale of property at a minimum price to account to his piincipal for his part of what the agent actually realized from the sale. The amendment alleges that others assisted in the transaction, and helped the defendant in the breach of trust and the fraud on the complainant. The bill alleges that all these parties, the original defendant and the confederates made defendants by the amendment, were tenants in common or joint owners of a railroad sold by the governor of this state and purchased by them, and the…
2Cited by1 opinion
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