Legal Opinion

Southwestern Slate Co. v. Stephens

Wisconsin Supreme Court

Decided June 3, 1909PublishedCited by 13 opinions

Appeal from a judgment of the circuit court for Dane county: E. Rat Stevens, Circuit Judge. This action is brought to recover a balance alleged to be due on an unpaid subscription for capital stock of the plaintiff. The plaintiff was incorporated June 16, 1905, with an authorized capital stock of $500,000. Its principal place of business was Pierre, South Dakota, and outside of South Dakota its principal place of business was the city of Chicago.

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Appeal from a judgment of the circuit court for Dane county: E. Rat Stevens, Circuit Judge. This action is brought to recover a balance alleged to be due on an unpaid subscription for capital stock of the plaintiff. The plaintiff was incorporated June 16, 1905, with an authorized capital stock of $500,000. Its principal place of business was Pierre, South Dakota, and outside of South Dakota its principal place of business was the city of Chicago. Its articles of incorporation empowered it to engage in a great many different kinds of business, among them the operation of mines and quarries and…

1Opinion of the Court

The following opinion was filed March 30, 1909:. Barnes, J.

Sec. II10b, Stats. (1898), as amended by ch. 506, Laws of 1905, was in force when the transactions out of which this action arose took place. The law forbade any *623foreign corporation to “transact business or acquire, hold or dispose of property in this state until such corporation” complied with the law. It also provided that “every contract made by or on behalf of any such foreign corporation affecting the personal liability thereof or relating to property within this state,” before it complied with the law, should be wholly void and…

2Cases cited8 opinions

  1. Franey v. WarnerWisconsin Supreme Court · 1897
  2. Allen v. City of MilwaukeeWisconsin Supreme Court · 1906
  3. Blunt v. WalkerWisconsin Supreme Court · 1860
  4. Rehbein v. RahrWisconsin Supreme Court · 1901
  5. Gilman v. GrossWisconsin Supreme Court · 1897

3 more not listed; retrieve them via the Exa API.

3Cited by13 opinions

  1. Hanna v. Kelsey Realty Co.Wisconsin Supreme Court · 1911
  2. Ulmer v. First National BankSupreme Court of Florida · 1911
  3. Rank v. Lease Associates, Inc.Wisconsin Supreme Court · 1970
  4. Loomis v. People's Const. Co.Court of Appeals for the Sixth Circuit · 1914
  5. Street Railway Advertising Co. v. Lavo Co. of AmericaWisconsin Supreme Court · 1924

8 more not listed; retrieve them via the Exa API.

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