Nimick & Co. v. Mingo Iron Works Co.
West Virginia Supreme Court
Statement of the case by Woods, Judge: This was a chancery suit brought in the municipal court of Wheeling, in January, 1881, against the Mingo Iron Works Company and forty-eight other defendants, alleged to be stockholders therein, by Alexander Nimick, G-eorge P. McBride and John S. Slagle, partners trading under the firm of Nimick & Co., suing for themselves and on behalf of all other crrditors of said Mingo Iron Works Company, who would come in and contribute to the…
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Statement of the case by Woods, Judge: This was a chancery suit brought in the municipal court of Wheeling, in January, 1881, against the Mingo Iron Works Company and forty-eight other defendants, alleged to be stockholders therein, by Alexander Nimick, G-eorge P. McBride and John S. Slagle, partners trading under the firm of Nimick & Co., suing for themselves and on behalf of all other crrditors of said Mingo Iron Works Company, who would come in and contribute to the expenses of this suit. The plaintiffs’ original bill was demurred to, and the demurrer was sustained, and the plaintiffs took…
1Opinion of the Court
"Woods, Judos :
The transcript of the record in this case presents for our consideration several interesting and important questions. The plaintiff’s bill has been prepared with the greatest care and precision, and the briefs of the learned counsel on both sides of this controversy have left but little ground unexplored.
It is contended by the counsel for the appellants that as the Mingo Iron Works Company is a corporation created and existing under and by virtue of the constitution and statute-laws of Ohio, which provides “that the stockholders of such a corporation, shall bo deemed and held…
2Cases cited15 opinions
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