Boor v. Tolman
Appellate Court of Illinois
Action of debt to enforce liability of stockholder. Error to the Circuit Court of Cook County; the Hon. Charles G. Neely, Judge, presiding. Heard in the Branch Appellate Court at the March term, 1903.
1Opinion of the CourtJustice Baker
The constitution of 1870, article 11, section 5, provides that no act of the General Assembly authorizing or creating corporations with banking powers shall go into effect unless the same shall be approved by a vote of the people of the state. The act of 1872 providing for the change of name and consolidation of corporations was not submitted to the people and was therefore, so far as it related to banking corporations, invalid. Sykes v. The People, 132 Ill. 32. The first act of the General Assembly relating to banking corporations adopted by the vote of the people of the state was the “ Act…
2Cases cited1 opinion
- Sykes v. PeopleIllinois Supreme Court · 1890
3Cited by2 opinions
- Geisler v. BenkenAppellate Court of Illinois · 1946
- Hillmer v. AndersonDistrict Court, W.D. New York · 1936