Holmes & Hibbard Mortgage Co. v. Ardmore Nat. Bank
Supreme Court of Oklahoma
Error from District Court, Carter County; ' S. H. Russell, Judge. The application of the Holmes & Hibbard Mortgage Company, a corporation, for leave to sue E. E. Guillot, appointed receiver for the Smith-Fraley Lumber Company, a corporation, in an action brought against' it by the Ardmore National Bank, a corporation, was denied, and the Mortgage Company brings error.
1Opinion of the Court
Opinion by
WATTS, C.
On May 31, 1912, the Ard-more National Bank filed suit in the district court of Carter county, in its own ' behalf and others similarly situated, against Smith-Fraley Lumber Company, alleging-an indebtedness in its favor in the sum of $1,200 and interest; that it held $10,000 stock and C. R. Smith $20,000 in defendant company and $6,000 was' held by various other parties; that neither plaintiff nor said Smith were directors in said defendant company; that C. E. Fraley was director, vice president, and manager of defendant company, but -owned none of the stock; that…
2Cases cited12 opinions
- Minot v. MastinCourt of Appeals for the Eighth Circuit · 1899
- United States Trust Co. v. Chicago Terminal Transfer R.Court of Appeals for the Seventh Circuit · 1911
- De Forrest v. CoffeyCalifornia Supreme Court · 1908
- First National Bank of Laramie v. CookWyoming Supreme Court · 1904
- Meeker v. SpragueWashington Supreme Court · 1892
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3Cited by3 opinions
- Hervey v. DyerCourt of Civil Appeals of Oklahoma · 1998
- Lively v. Evans-Howard Fire Brick Co.Supreme Court of Oklahoma · 1925
- Gayer v. RoddieSupreme Court of Oklahoma · 1932