Legal Opinion

Franey v. Wauwatosa Park Co.

Wisconsin Supreme Court

Decided March 22, 1898PublishedCited by 3 opinions

Appeals from judgments of the circuit court for Milwaukee county: D. H. Johksoet, Circuit Judge. The facts in the cause are stated in the opinion. argued, among other things, that the promoters were the authorized agents of the corporation, and it is chargeable with their fraudulent representations by means of which subscribers to the stock were obtained. Cook, Stock, §§ 140, 145, 356; Capel & Co. v. Sim’s Ship Composition Co. 58 L. T. Rep.

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Appeals from judgments of the circuit court for Milwaukee county: D. H. Johksoet, Circuit Judge. The facts in the cause are stated in the opinion. argued, among other things, that the promoters were the authorized agents of the corporation, and it is chargeable with their fraudulent representations by means of which subscribers to the stock were obtained. Cook, Stock, §§ 140, 145, 356; Capel & Co. v. Sim’s Ship Composition Co. 58 L. T. Rep. (1888), 807At-lantic Cotton Mills v. Indian Orchard Mills, 147 Mass. 268;. TJ. S. v. State Bank, 96 U. S. 36; Atlantic Bcmk v. Merchcmts’ Bank, 10 G-ray,…

1Opinion of the CourtCassoday, C. J.

It appears from the record: That November 1,1891, one Benjamin Seigert was the owner and in possession of twenty-seven and three-elevenths acres of land described, and was willing to sell the same for $1,200 per' acre,— that is to say, for $32,727.27. That about the middle of November, 1891, he made a contract with the defendant Edgar E. Warner to sell the land to him for that price. That thereupon the defendants Edgar E. and Arthur W. Warner and John S. Wambold, with the purpose of purchasing the land at that price and selling the same to the-defendant corporation to be thereafter formed,…

2Cases cited12 opinions

  1. Cook v. TullisSupreme Court of the United States · 1874
  2. Franey v. WarnerWisconsin Supreme Court · 1897
  3. Kaehler v. DobberpuhlWisconsin Supreme Court · 1884
  4. Weed v. PageWisconsin Supreme Court · 1859
  5. Warren v. LandryWisconsin Supreme Court · 1889

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3Cited by3 opinions

  1. Gay v. OsborneWisconsin Supreme Court · 1899
  2. National Foundry & Pipe Works, Ltd. v. Oconto City Water Supply Co.Court of Appeals for the Seventh Circuit · 1902
  3. Hodgins v. National Surety Corp.District Court, E.D. Wisconsin · 1941

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