Legal Opinion

Houser v. Farmers' Supply Co.

Court of Appeals of Georgia

Decided April 15, 1909No. 1671PublishedCited by 9 opinions

Action on contract, from city court of Dublin — Judge Jordan presiding. December 31, 1908.

1Opinion of the CourtPowell, J.

Houser sued the Farmers’ Supply Company, a mercantile corporation, alleging, that the corporation had agreed with him if he would enter its employment and would become a stockholder therein, it would, in addition to paying him a salary, indorse his note at the bank for a sum necessary to pay for the stock, continuing the indorsement from time to time, and from year to-year, for five years, at the end of which period there was to be a division of profits, through the declaration of an accumulated, dividend; that at the end of the first year (December, 1903) the corporation refused to continue…

2Cases cited4 opinions

  1. Gould v. PalmerSupreme Court of Georgia · 1895
  2. Lilly v. BoydSupreme Court of Georgia · 1883
  3. Allen v. StephensSupreme Court of Georgia · 1897
  4. Busby v. MarshallSupreme Court of Georgia · 1906

3Cited by9 opinions

  1. Space Leasing Associates v. Atlantic Building Systems, Inc.Court of Appeals of Georgia · 1977
  2. Savannah Ice Co. v. Canal-Louisiana Bank & Trust Co.Court of Appeals of Georgia · 1913
  3. Smith v. Commercial Credit Co.Court of Appeals of Georgia · 1922
  4. Hill v. DanielCourt of Appeals of Georgia · 1936
  5. National Hills Shopping Center, Inc. v. Insurance Co. of North AmericaDistrict Court, S.D. Georgia · 1970

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