Sturgeon v. Apollo Oil & Gas Co.
Supreme Court of Pennsylvania
Appeal, No. 24, Oct. T., 1902, by-defendant, Apollo Oil & Gas Company, Limited, from decree of C. P. No. 1, Allegheny Co., March T., 1900, No. 522, on bill in equity in case of George A. Sturgeon v. Apollo Oil & Gas Company, Limited, L. T. Yoder and S. W. Vandersaal. Bill in equity for account.
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Appeal, No. 24, Oct. T., 1902, by-defendant, Apollo Oil & Gas Company, Limited, from decree of C. P. No. 1, Allegheny Co., March T., 1900, No. 522, on bill in equity in case of George A. Sturgeon v. Apollo Oil & Gas Company, Limited, L. T. Yoder and S. W. Vandersaal. Bill in equity for account. The bill averred that in July, 1894, the plaintiff, Sturgeon, L. T. Yoder and S. W. Vandersaal formed alimited partnership under the act of 1874 and its supplements, called the Apollo Oil & Gas Company, Limited, for the purpose of producing oil and gas, etc., with a capital of $1,000, divided into ten…
1Opinion of the Court
Opinion by
Mr. Justice Dean,
In July, 1894, George A. Sturgeon, the plaintiff, with L. T. Yoder and S. W. Vandersaal, two of the defendants, formed a limited partnership, under the actiof 1874 and its supplements, for the purpose of leasing and operating oil and gas territory. The name of the partnership was that of “ Apollo Oil and Gas Company,” the other defendant to this suit. The capital stock, was $1,000, divided into ten shares of $100, of which Yoder and Vandersaal subscribed for four each, and Sturgeon two. The $1,000 was borrowed from the West Penn Gas Company, a corporation, the stock…
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