Loverin v. McLaughlin
Illinois Supreme Court
Writ of Error to the Appellate Court for the First District;—heard in that court on writ of error to the Circuit Court of Cook county; the Hon. S. P. McConnell, Judge, presiding.
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Writ of Error to the Appellate Court for the First District;—heard in that court on writ of error to the Circuit Court of Cook county; the Hon. S. P. McConnell, Judge, presiding. This is an action, brought by defendant in error against plaintiffs in error, as directors of a corporation called the “Q. W. Loverin Company,” for the purpose of establishing against them a liability under section 18 of the Corporation act for failing to file in the recorder’s office a certificate, issued by the Secretary of State, of the complete organization of the corporation, as required by section 4.of that…
1Opinion of the CourtJustice Magruder
The main question in this case is, whether the directors and officers of a corporation are liable, under section 18 of the general Incorporation act of the State, for debts and liabilities contracted by them in the name of the corporation before a certificate from the Secretary of State of the complete organization of the corporation has been recorded in the office of the recorder of deeds of the county, where the principal office of such company is located, as required by section 4 of said act.
First—In order to answer this question, it is desirable at the outset to ascertain, if possible,…
2Cases cited15 opinions
- People ex rel. Peabody v. Chicago Gas Trust Co.Illinois Supreme Court · 1889
- Bigelow v. GregoryIllinois Supreme Court · 1874
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- Bushnell v. Consolidated Ice Machine Co.Illinois Supreme Court · 1891
- Mokelumne Hill Canal & Mining Co. v. WoodburyCalifornia Supreme Court · 1859
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- O. S. Richardson Fueling Co. v. SeymourIllinois Supreme Court · 1908
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