Stagg v. Spray Water Power & Land Co.
Supreme Court of North Carolina
Appeal by defendant from. Justice, J., at June Term, 1915, of ROCKINGHAM. This action was brought to recover $1,080, alleged to be due under guaranties of the defendant indorsed upon three certificates each for twenty shares of the cumulative preferred stock which was issued by The American Warehouse Company, the par value of each share being $100. The certificate is in the following form: The AmericaN 'Warehouse Company.
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Appeal by defendant from. Justice, J., at June Term, 1915, of ROCKINGHAM. This action was brought to recover $1,080, alleged to be due under guaranties of the defendant indorsed upon three certificates each for twenty shares of the cumulative preferred stock which was issued by The American Warehouse Company, the par value of each share being $100. The certificate is in the following form: The AmericaN 'Warehouse Company. Authorized Capital, $1,000,000. This certifies that J. E. Stagg is the registered owner of twenty cumulative preferred shares, of the par value of $100 each, in the capital…
1Opinion of the Court
CLARK, C. J., and BROWN, J., dissenting. This action was brought to recover $1,080, alleged to be due under guaranties of the defendant indorsed upon three certificates each for twenty shares of the cumulative preferred stock which was issued by The American Warehouse Company, the par value of each share being $100. The certificate is in the following form:
THE AMERICAN WAREHOUSE COMPANY.
Authorized Capital, $1,000,000.
This certifies that J. E. Stagg is the registered owner of twenty cumulative preferred shares, of the par value of $100 each, in the capital of The American Warehouse Company,…
2Cases cited20 opinions
- Dermott v. JonesSupreme Court of the United States · 1865
- Greenwood v. Freight Co.Supreme Court of the United States · 1882
- Hamilton Gas Light & Coke Co. v. Hamilton CitySupreme Court of the United States · 1892
- Harmony v. . BinghamNew York Court of Appeals · 1854
- Dexter v. . NortonNew York Court of Appeals · 1871
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- Sale v. State Highway & Public Works CommissionSupreme Court of North Carolina · 1955
- Peaseley v. VIRGINIA IRON, COAL AND COKE COMPANYSupreme Court of North Carolina · 1973
- City of Montpelier v. National Surety Co.Supreme Court of Vermont · 1923
- Rape v. LyerlySupreme Court of North Carolina · 1975
- Burch v. . BushSupreme Court of North Carolina · 1921
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