Lillard v. Decatur Cotton Seed Oil Co.

TARLTON, Chief Justice.

The verdict of the jury establishes the following conclusions of fact:

In 1892 the appellee was incorporated as a private corporation. It was engaged at Decatur, Texas, from that date-to the filing of this suit, on June 12, 1895, in the business of manufacturing oil, feed stuffs, etc., out of cotton seed. Its capital stock consisted of §50,000, divided into 500 shares of the par value each of §100. On and before June 18, 1894, its stock was owned and held as follows: D. Waggoner owned 200 shares, the defendant Lillard 50 shares, H. H. Halsell 16 shares, J. F. Halsell 170…