Windham Provident Institution for Savings v. Sprague
Supreme Court of Vermont
* This action was referred and the referee reported substantially as follows: The suit in this case was brought for the money which was paid by the plaintiff to the Jamaica Leailer Company, as the consideration for executing and delivering a promissory note to the plaintiff of four thousand dollars, purporting to be signed by said company and certain sureties.
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* This action was referred and the referee reported substantially as follows: The suit in this case was brought for the money which was paid by the plaintiff to the Jamaica Leailer Company, as the consideration for executing and delivering a promissory note to the plaintiff of four thousand dollars, purporting to be signed by said company and certain sureties. The plaintiff is seeking to recover of the defendants the debt above named by virtue of the personal liability clause in the seventh section of the act incorporating said Leailer Company. Said company was chartered in 1858, by the…
1Opinion of the Court
The opinion of the court was delivered by
Ross, J.
This case comes to this court on exceptions to the judgment of the county court on the report of a referee. The defendants were directors and stockholders in the Jamaica Leailer Company, July 12,1866, when, the plaintiff loaned that company 14,000, and took therefor a promissory note signed with the company’s name by Hammond J. Livermore, agent, and by several individuals as sureties. The money thus obtained was used by the company in paying the company’s debts. The defendants Sprague and Barnes, who alone defend, claim that, under the bylaws…
2Cases cited6 opinions
- President of Middletown Bank v. MagillSupreme Court of Connecticut · 1823
- Dauchy v. BrownSupreme Court of Vermont · 1852
- Cook v. CarpenterSupreme Court of Vermont · 1861
- Sumner v. BrownSupreme Court of Vermont · 1861
- Ladd v. Lord & GillettSupreme Court of Vermont · 1863
1 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Dunn v. Bank of UnionWest Virginia Supreme Court · 1914
- Converse v. AyerMassachusetts Supreme Judicial Court · 1908
- John V. Farwell Co. v. Jackson StoresSupreme Court of Georgia · 1911
- Barton National Bank v. AtkinsSupreme Court of Vermont · 1899
- Manchester Marble Co. v. Rutland RailroadSupreme Court of Vermont · 1927
9 more not listed; retrieve them via the Exa API.