Langan v. I. & M. Cons. Co.
Supreme Court of Iowa
Appeal from Jasper Circuit Cov/rt. The petition of plaintiffs alleges that the defendants C. R. Peek, B. W. Davis, H. C. Cramer, and the Jasper County Coal Company attempted.to form a corporation under the name and style of the Iowa & Minnesota Construction Company, to commence on the 14th day of October, 1875, and continue in force for twenty years; that the Jasper County Coal & Railway Company entering into such organization is composed of the defendants E. H. Griggs, D.…
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Appeal from Jasper Circuit Cov/rt. The petition of plaintiffs alleges that the defendants C. R. Peek, B. W. Davis, H. C. Cramer, and the Jasper County Coal Company attempted.to form a corporation under the name and style of the Iowa & Minnesota Construction Company, to commence on the 14th day of October, 1875, and continue in force for twenty years; that the Jasper County Coal & Railway Company entering into such organization is composed of the defendants E. H. Griggs, D. S. Couch, D. L. Clark, D. Ryan, Robert Ryan and Thomas Ryan; that shortly after the organization of said company the…
1Opinion of the CourtDay, J.
I. Appellants claim that the Jasper County Coal Company was a stockholder in the construction company; that as such it is liable, under section 1082 of the Code, to the amount of the unpaid installments on the stock owned by *323it, and that for that reason the demurrer of the coal company to the petition should have been overruled. The only averments of the petition to which this claim is applicable are as follows: “The capital stock of said company actually subscribed was the sum of forty-five thousand dollars, * * * each and all of the defendants herein being subscribers to said stock, either…
2Cases cited2 opinions
- First National Bank v. DaviesSupreme Court of Iowa · 1876
- McKellar v. StoutSupreme Court of Iowa · 1862
3Cited by1 opinion
- Heuer v. CarmichaelSupreme Court of Iowa · 1891