Jackson v. Crown Point Mining Co.
Utah Supreme Court
Appeal from tbe Third District Court, Salt Lake County, Hon. Ogden Hiles, Judge. Action by plaintiff for an injunction restraining defendant from selling plaintiff’s stock to pay an assessment levied thereon by defendant’s board of directors. From a decree perpetually enjoining defendant, defendant appealed.
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Appeal from tbe Third District Court, Salt Lake County, Hon. Ogden Hiles, Judge. Action by plaintiff for an injunction restraining defendant from selling plaintiff’s stock to pay an assessment levied thereon by defendant’s board of directors. From a decree perpetually enjoining defendant, defendant appealed. If a corporation is exercising corporate powers and franchises, and there has been some proceedings for incorporation, the stockholders of the corporation and the corporation itself are estopped in any collateral action from denying the validity of the corporation or the acts of its de…
1Opinion of the CourtBasKIN, J.
The appeal in this case is from the final decree of the trial court, by which the appellant is perpetually enjoined from selling the respondent’s stock to pay an assessment levied thereon by the appellants’ alleged board of directors.
*7It is an undisputed fact, as found by the court below, that the said Crown Point Mining Company way duly incorporated on the 16th day of October, 1895, and is now and was at all times since said date a corporation organized and existing under the laws of the State of Utah.
It also appears from the evidence that on the 25th day of May, 1898, a meeting of the…
2Cases cited8 opinions
- Baker v. Administrator of BackusIllinois Supreme Court · 1863
- The Buffalo and Allegany Railroad Company v. . CaryNew York Court of Appeals · 1862
- Spring Valley Water Works v. San FranciscoCalifornia Supreme Court · 1863
- Cross v. Pinckneyville Mill Co.Illinois Supreme Court · 1855
- Moses v. TompkinsSupreme Court of Alabama · 1887
3 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Randle v. Winona Coal Co.Supreme Court of Alabama · 1921
- Mitchell v. JensenUtah Supreme Court · 1905
- Chatterley v. Omnico, Inc.Utah Supreme Court · 1971
- Utah Light & Traction Co. v. United StatesCourt of Appeals for the Eighth Circuit · 1915
- Ogden Packing & Provision Co. v. WyattUtah Supreme Court · 1922
2 more not listed; retrieve them via the Exa API.