Johnson v. Lullman
Missouri Court of Appeals
Appeal from the St. Louis Circuit Court, Horner, J. Stockholders “ can not occupy the status of innocent purchasers, but are privies to the trust and take the stock cum enere.”—Thompson .on Stockholders, sects. 10, 11, 13; Woodv.
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Appeal from the St. Louis Circuit Court, Horner, J. Stockholders “ can not occupy the status of innocent purchasers, but are privies to the trust and take the stock cum enere.”—Thompson .on Stockholders, sects. 10, 11, 13; Woodv. Bummer, 3 Mason, 313 ; Adler v. Milwaukee Brick (Jo., 13 Wis. 62. Shares of stock are personal property, and may be transferred like other property, unless the transfer is restrained by the character of the articles of association, and a bona fide transfer terminates the liability of the transferer either to the company or to the creditors. — Thompson on…
1Opinion of the Court
■Lewis, P. J.,
delivered the opinion of the court.
The plaintiff is owner of an unsatisfied judgment, rendered February 10, 1876, in favor of the Patrick Bros. Lumber Company, against the Gravois Railroad Company, for $4,285.95. The petition charges that the last mentioned corporation has become dissolved, and prays judgment against the defendant administrator, on the ground that his intestate, George C. Miller, deceased, was, in his lifetime, the holder of unpaid stock in the debtor corporation to the amount of $5,000. The court, sitting as a jury, found for the defendant. No instructions were…
2Cases cited2 opinions
- Keystone Bridge Co. v. McCluneyMissouri Court of Appeals · 1880
- Erskine v. PeckMissouri Court of Appeals · 1883
3Cited by6 opinions
- Chrisman-Sawyer Banking Co. ex rel. Simpson v. Independence Wool Manufacturing Co.Supreme Court of Missouri · 1902
- Harrison v. ArmourCalifornia Supreme Court · 1915
- Ollesheimer v. Thompson Manufacturing Co.Missouri Court of Appeals · 1891
- Johnson v. LullmanSupreme Court of Missouri · 1886
- State ex rel. O'Briant v. Keokuk & Western RailroadSupreme Court of Missouri · 1899
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