Legal Opinion
Sarelas v. McCue & Co.
Appellate Court of Illinois
Decided October 18, 1937No. Gen. No. 39,497PublishedCited by 12 opinions
1Opinion of the Court
Mr. Presiding Justice O’Connor
delivered the opinion of the court.
Plaintiff, by virtue of section 53 of the Corporation Act of 1919 (Session Laws of 1919) brought suit in equity on behalf of himself and of all other creditors of McCue and Company, a corporation, to recover from the stockholders of the company claimed unpaid stock subscriptions, and to recover from the directors of the corporation on the claimed ground that they had assented to an indebtedness of the corporation in excess of its capital, in violation of section 23 of the act. Plaintiff also charged conspiracy on the part of the…
2Cases cited8 opinions
- Woolverton v. TaylorIllinois Supreme Court · 1890
- Bishop v. Chicago Railways Co.Illinois Supreme Court · 1922
- Consolidated Coal Co. of St. Louis v. Flynn Coal Co.Appellate Court of Illinois · 1934
- Dukes v. Harrison & ReidyAppellate Court of Illinois · 1933
- Slater v. TaylorIllinois Supreme Court · 1909
3 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Shute v. ChambersAppellate Court of Illinois · 1986
- Gordon v. Loew's IncorporatedDistrict Court, D. New Jersey · 1956
- Reconstruction Finance Corporation v. TeterCourt of Appeals for the Seventh Circuit · 1941
- O'NEILL v. Continental Illinois Co.Appellate Court of Illinois · 1950
- Ruthfield v. Louisville Fuel Co.Appellate Court of Illinois · 1942
7 more not listed; retrieve them via the Exa API.