From Casetext: Smarter Legal Research

Poppleton v. Wallace

U.S.
Apr 2, 1906
201 U.S. 245 (1906)

Opinion

APPEAL FROM THE CIRCUIT COURT OF APPEALS FOR THE EIGHTH CIRCUIT.

No. 194.

Argued March 6, 1906. Decided April 2, 1906.

Decided on authority of Wyman v. Wallace, ante, p. 230.

Mr. Richard S. Horton for appellant. Mr. James M. Woolworth and Mr. R.S. Hall for appellees, submitted.fn1

For abstracts of arguments see Wyman v. Wallace, ante, p. 230.


This case is also an appeal by a stockholder from the same decree, and presents only this difference: This stockholder voted against the resolutions passed by the stockholders looking to a voluntary liquidation. There is, therefore, nothing of a personal estoppel to be adjudged against him, but we do not think that that is material. The requisite amount of stock was voted in favor of what was done in the way of voluntary liquidation, and he as a stockholder is bound by that, although personally he dissented from the action. The same decree of affirmance will be entered in this case.


Summaries of

Poppleton v. Wallace

U.S.
Apr 2, 1906
201 U.S. 245 (1906)
Case details for

Poppleton v. Wallace

Case Details

Full title:POPPLETON v . WALLACE

Court:U.S.

Date published: Apr 2, 1906

Citations

201 U.S. 245 (1906)

Citing Cases

Reconstruction Finance Corp. v. Central Republic T.

Even in that aspect, the bank, in the condition in which it found itself on October 5, 1932, had the power to…

Taylor v. American Nat. Bank

" See, also, Poppleton v. Wallace, 201 U.S. 245, 26 S. Ct. 498, 50 L. Ed. 743; King v. Pomeroy, 121 F. 287,…