Craddock-Terry Co. v. Powell

Craddock-Terry Company received its charter from the corporation court of the city of Lynchburg, Virginia, in the year 1898. Thereafter there were several amendments to it, the first, in 1901, by the court which had issued it. The amendment designated in the record as “No. 1” was had in January, 1913. That designated as “No. 2” was in November, 1917. The two last mentioned, provided for the issuance by the corporation, of its stock structure of that time. These two amendments were granted by the State Corporation Commission. The old company, as we shall hereafter refer to it, issued four…