Duke

Duke v. Huntington

Good Law
130 Cal. 272·62 P. 510
Supreme Court of CaliforniaOctober 6, 1900S.F. No. 1560.California512 words

Opinion

Lead Opinion

Harrison, J.

Judgment was rendered in favor of the plaintiff and against the appellant for his proportionate share as a stockholder of the indebtedness of a corporation, and he has°appealed therefrom. The court found, in accordance with certain allegations in the complaint, that on the first day of July, 1897, the corporation became indebted to the plaintiff’s assignor in a certain sum of money, being a balance due for certain work done by said assignor at the special instance of the corporation, and for which the corporation agreed to pay that sum on demand; that the capital stock of the corporation is ten thousand shares, and that of said stock four thousand five hundred and eighty-six shares had ever since the sixth day of February, 1895, stood on the books of the corporation in the names of certain persons as trustees (giving their names), but that during all that time the appellant has been the owner “of all of the said four thousand five hundred and eighty-six shares, and was the owner thereof during all of the time of the aforesaid indebtedness of the corporation to the plaintiff’s assignor.” Upon these findings judgment was rendered against the appellant for four thousand five hundred…

Sign in to read the full opinion

Create a free account to read the complete opinion text, citation history, and good-law status for this case.