Legal Opinion

Trevor v. Perkins

Supreme Court of Pennsylvania

Decided January 27, 1840PublishedCited by 7 opinions

IN ERROR. This was a writ of error to the District Court for the City and County of Philadelphia, to remove the record of an action of assumpsit, brought by John B. Trevor against Thomas J. Perkins.

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IN ERROR. This was a writ of error to the District Court for the City and County of Philadelphia, to remove the record of an action of assumpsit, brought by John B. Trevor against Thomas J. Perkins. The circumstances upon which the action was founded appeared to be as follows: On the 10th of January, 1827, the legislature of the state of Ohio passed an act to incorporate a company called “ The Pennsylvania and Ohio Canal Company;” for the purpose of constructing a canal from the Ohio State Canal to the Pennsylvania Canal, at or near Pittsburgh, or at some other suitable point. This act was…

1Opinion of the Court

The opinion of the Court was delivered by

Sergeant, J.

The plaintiff being the owner of one hundred shares of the stock of the Pennsylvania and Ohio Canal Company, on which he had paid five dollars a share, the defendant agreed to purchase them from him, at the price of eleven hundred dollars, which amount he paid to the plaintiff, and received an equitable transfer of the shares. The plaintiff afterwards, in consequence of his original personal responsibility to the company as a subscriber, and the omissions of the holders subsequent to him, paid to the company the sum of five hundred dollars…

2Cases cited2 opinions

  1. Johnson v. ChaffantSupreme Court of Pennsylvania · 1803
  2. Kearney v. TannerSupreme Court of Pennsylvania · 1827

3Cited by7 opinions

  1. Dobkin v. LandsbergSupreme Court of Pennsylvania · 1922
  2. Kitchen's EstateSupreme Court of Pennsylvania · 1861
  3. Penna. Co. v. ClarkSupreme Court of Pennsylvania · 1940
  4. Young v. StoneSupreme Court of Pennsylvania · 1842
  5. Everhart v. West Chester & Philadelphia RailroadSupreme Court of Pennsylvania · 1857

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