Turner v. Tjosevig-Kennecott Copper Co.
Washington Supreme Court
Appeal from an order of the superior court for King county, Hall, J., entered September 21,1920, sustaining a demurrer to the complaint, in an action to secure the return of money paid for corporate stock.
1Opinion of the CourtMackintosh, J.
The appellants presented to the court a complaint containing two causes of action; they alleged that they were stockholders in the defendant corporation, and that they brought the suit for the benefit of themselves, as stockholders, and all other stockholders of the company. The first cause of action seeks the appointment of a receiver; the second cause of action alleges that the defendant corporation has a capitalization of 2,500,000 shares of stock, of the par value of one dollar per share; that the corporation entered into certain dealings with the defendants, Tjosevig, which resulted in…
2Cases cited5 opinions
- Burgess v. SeligmanSupreme Court of the United States · 1883
- Kom v. Cody Detective Agency, Inc.Washington Supreme Court · 1913
- Lawson v. SpragueWashington Supreme Court · 1908
- Jordan v. CoulterWashington Supreme Court · 1902
- Clark v. CrossWashington Supreme Court · 1908
3Cited by2 opinions
- Nichols v. SevertsenWashington Supreme Court · 1951
- Lyons v. SachsCourt of Appeals for the Sixth Circuit · 1942